{"disclaimer":"Transcripts available through this tool are created by using automatic speech recognition and are not official records nor official documents of the United Nations. Official records and official documents are available on the Official Document System of the United Nations.","url":"https://transcripts.un.org/ar/ga/c2/81/18?lang=en","llms":{"note":"Plain-text sibling of this page, compact for LLM context. For the full API guide (search, listing, URL grammar) see /llms.txt.","textUrl":"/ar/ga/c2/81/18.txt","guide":"/llms.txt"},"video":{"id":"k1l/k1lsiec12g","kaltura_id":"1_lsiec12g","title":"الاجتماع المشترك للجنة الثانية (الجلسة العامة الثامنة عشرة) والمجلس الاقتصادي والاجتماعي (الجلسة العامة الثانية) – الجمعية العامة، الدورة 81","clean_title":"الاجتماع المشترك للجنة الثانية (الجلسة العامة الثامنة عشرة) والمجلس الاقتصادي والاجتماعي (الجلسة العامة الثانية) – الجمعية العامة، الدورة 81","url":"https://webtv.un.org/en/asset/k1l/k1lsiec12g","date":"2026-10-19T00:00:00.000Z","scheduled_time":"2026-10-19T14:00:00.000Z","status":"finished","duration":"02:35:28","category":"الجمعية العامة","body":"Second Committee","event_code":null,"event_type":null,"session_number":"18th plenary meeting","pv_symbol":"A/C.2/81/SR.18","pv_part":1,"slug":"ga/c2/81/18"},"metadata":{"summary":null,"description":null,"categories":[],"geographic_subject":[],"subject_topical":[],"corporate_name":[],"speaker_affiliation":[],"related_documents":[]},"transcript":{"transcript_id":"azure-llm-speech-227bdb5b-8a1c-4da6-9800-2948f02da23d","language":"en","data":[{"statement_number":1,"start":1.15,"pageUrl":"/ar/ga/c2/81/18?lang=en&t=0:02","paragraphs":[{"sentences":[{"text":"Good morning, distinguished delegates, Excellencies.","start":1.15,"end":3.87,"topics":[],"words":[{"text":"Good","start":1.15,"end":1.31},{"text":"morning,","start":1.31,"end":1.79},{"text":"distinguished","start":1.79,"end":2.31},{"text":"delegates,","start":2.31,"end":2.91},{"text":"Excellencies.","start":2.91,"end":3.87}]},{"text":"I call to order the joint meeting of the Second Committee and the Economic and Social Council and welcome you all to this morning's discussion on closing the SDG financing gap in a changing global economy, innovative finance for accelerated SDGs.","start":4.59,"end":20.75,"topics":[{"key":"sdg-financing-gap","label":"SDG Financing Gap","description":"A central theme was the multi-trillion-dollar shortfall in resources needed to achieve the 2030 Agenda. Speakers stressed turning the Sevilla Commitment into practical action and better aligning finance with sustainable development 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distinguished delegates, it is my pleasure to welcome you to this year's joint meeting of the Second Committee and the Economic and Social 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would like to begin by thanking the President of ECOSOC, His Excellency Mr. Amar Benjema, for his partnership and leadership.","start":32.63,"end":41.19,"topics":[],"words":[{"text":"I","start":32.63,"end":32.75},{"text":"would","start":32.75,"end":32.87},{"text":"like","start":32.87,"end":33.11},{"text":"to","start":33.11,"end":33.27},{"text":"begin","start":33.27,"end":33.99},{"text":"by","start":33.99,"end":34.23},{"text":"thanking","start":34.23,"end":34.59},{"text":"the","start":34.59,"end":34.71},{"text":"President","start":34.71,"end":35.23},{"text":"of","start":35.23,"end":35.43},{"text":"ECOSOC,","start":35.43,"end":36.15},{"text":"His","start":36.31,"end":37.11},{"text":"Excellency","start":37.51,"end":38.19},{"text":"Mr.","start":38.19,"end":38.55},{"text":"Amar","start":38.55,"end":38.87},{"text":"Benjema,","start":38.87,"end":39.43},{"text":"for","start":39.43,"end":39.67},{"text":"his","start":39.67,"end":39.83},{"text":"partnership","start":39.83,"end":40.47},{"text":"and","start":40.47,"end":40.59},{"text":"leadership.","start":40.63,"end":41.19}]},{"text":"Today's meeting reflects the strong and productive collaboration between the Second Committee and ECOSOC in advancing the United Nations development 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collaboration is more important than ever.","start":52.63,"end":55.67,"topics":[],"words":[{"text":"This","start":52.63,"end":52.95},{"text":"collaboration","start":52.95,"end":53.75},{"text":"is","start":53.75,"end":54.15},{"text":"more","start":54.15,"end":54.39},{"text":"important","start":54.39,"end":54.95},{"text":"than","start":54.95,"end":55.19},{"text":"ever.","start":55.19,"end":55.67}]},{"text":"The challenges we face today from financing sustainable development and addressing debt vulnerabilities to strengthening resilience span the mandates of both bodies.","start":56.39,"end":66.95,"topics":[{"key":"sdg-financing-gap","label":"SDG Financing Gap","description":"A central theme was the multi-trillion-dollar shortfall in resources needed to achieve the 2030 Agenda. 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meeting is a direct result of the recent General Assembly decision 80/520B on the revitalization of the work of the Second Committee, which called for measures to streamline our work as well as strengthen the Committee's efficiency and 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Excellencies, Dear colleagues, it is my pleasure to welcome you today.","start":276.31,"end":287.15,"topics":[],"words":[{"text":"Thank","start":276.31,"end":276.63},{"text":"you,","start":276.63,"end":276.75},{"text":"Ambassador.","start":276.75,"end":277.31},{"text":"Excellencies,","start":279.03,"end":280.07},{"text":"Dear","start":280.83,"end":281.11},{"text":"colleagues,","start":281.11,"end":281.79},{"text":"it","start":284.27,"end":284.43},{"text":"is","start":284.43,"end":284.99},{"text":"my","start":284.99,"end":285.23},{"text":"pleasure","start":285.23,"end":285.71},{"text":"to","start":285.71,"end":285.91},{"text":"welcome","start":285.91,"end":286.35},{"text":"you","start":286.35,"end":286.51},{"text":"today.","start":286.51,"end":287.15}]},{"text":"And I thank you, Ambassador Suela Janina, for your close partnership in convening this joint thematic meeting.","start":289.55,"end":299.19,"topics":[],"words":[{"text":"And","start":289.55,"end":289.75},{"text":"I","start":289.75,"end":289.87},{"text":"thank","start":289.87,"end":290.19},{"text":"you,","start":290.19,"end":290.35},{"text":"Ambassador","start":290.71,"end":291.31},{"text":"Suela","start":291.31,"end":291.63},{"text":"Janina,","start":291.63,"end":292.19},{"text":"for","start":292.19,"end":292.55},{"text":"your","start":292.55,"end":292.91},{"text":"close","start":292.99,"end":293.79},{"text":"partnership","start":293.87,"end":294.67},{"text":"in","start":294.67,"end":294.75},{"text":"convening","start":294.75,"end":295.47},{"text":"this","start":296.11,"end":296.67},{"text":"joint","start":297.15,"end":297.75},{"text":"thematic","start":297.83,"end":298.51},{"text":"meeting.","start":298.75,"end":299.19}]},{"text":"Less than four years from the 2030 deadlines, SDG's progress shows both what is possible and the scale of the challenges ahead.","start":301.47,"end":318.19,"topics":[],"words":[{"text":"Less","start":301.47,"end":302.03},{"text":"than","start":302.11,"end":302.67},{"text":"four","start":302.75,"end":303.23},{"text":"years","start":303.23,"end":303.87},{"text":"from","start":304.27,"end":304.59},{"text":"the","start":304.59,"end":304.75},{"text":"2030","start":305.71,"end":306.71},{"text":"deadlines,","start":306.87,"end":307.71},{"text":"SDG's","start":309.39,"end":310.03},{"text":"progress","start":310.03,"end":310.83},{"text":"shows","start":310.91,"end":311.55},{"text":"both","start":311.55,"end":312.03},{"text":"what","start":313.23,"end":313.47},{"text":"is","start":313.47,"end":313.63},{"text":"possible","start":313.63,"end":314.27},{"text":"and","start":315.31,"end":315.51},{"text":"the","start":315.51,"end":315.63},{"text":"scale","start":315.63,"end":316.27},{"text":"of","start":316.59,"end":316.75},{"text":"the","start":316.75,"end":316.87},{"text":"challenges","start":316.91,"end":317.63},{"text":"ahead.","start":317.71,"end":318.19}]},{"text":"The SDG financing gap of developing countries is estimated at around 4 trillion annually.","start":319.55,"end":333.15,"topics":[{"key":"sdg-financing-gap","label":"SDG Financing Gap","description":"A central theme was the multi-trillion-dollar shortfall in resources needed to achieve the 2030 Agenda. 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Examples included blended finance, green bonds, catalytic finance, public-private partnerships, and risk-reduction instruments for sustainable infrastructure and development."}],"words":[{"text":"solution","start":365.71,"end":366.19},{"text":"that","start":366.19,"end":366.43},{"text":"can","start":366.43,"end":366.99},{"text":"mobilize","start":367.07,"end":367.79},{"text":"investment,","start":367.79,"end":368.51},{"text":"strengthen","start":369.23,"end":370.03},{"text":"resilience,","start":370.35,"end":371.15},{"text":"and","start":371.79,"end":372.27},{"text":"accelerate","start":372.59,"end":373.47},{"text":"SDG","start":373.95,"end":374.75},{"text":"delivery.","start":374.87,"end":375.55}]},{"text":"Dear colleagues, debt heavily impacts development investments in many member states, particularly the most vulnerable.","start":376.91,"end":390.59,"topics":[{"key":"debt-sustainability","label":"Debt Sustainability","description":"Many statements focused on rising debt burdens, debt service pressures, and the need for faster, fairer debt restructuring and relief. 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Discussion also covered debt-for-development swaps, concessional finance, and debt pause clauses as tools to protect development spending."}],"words":[{"text":"Developing","start":413.67,"end":414.23},{"text":"countries","start":414.23,"end":414.95},{"text":"paid","start":415.59,"end":415.91},{"text":"almost","start":415.91,"end":416.63},{"text":"$1","start":417.75,"end":417.79},{"text":"trillion,","start":417.79,"end":418.39},{"text":"$1","start":420.47,"end":420.51},{"text":"trillion","start":420.51,"end":421.59},{"text":"in","start":422.35,"end":422.71},{"text":"net","start":422.71,"end":423.07},{"text":"interest","start":423.39,"end":424.03},{"text":"on","start":424.51,"end":424.75},{"text":"public","start":424.75,"end":425.15},{"text":"debt","start":425.15,"end":425.47},{"text":"in","start":426.19,"end":426.35},{"text":"2025,","start":426.35,"end":427.79},{"text":"nearly","start":428.75,"end":429.55},{"text":"three","start":429.79,"end":430.03},{"text":"times","start":430.03,"end":430.43},{"text":"the","start":431.79,"end":431.91},{"text":"2010","start":432.67,"end":433.87},{"text":"level.","start":434.35,"end":434.75}]},{"text":"And the more fragmented and complex international debt landscape makes debt resolution slower, costlier, and less predictable.","start":437.11,"end":449.59,"topics":[{"key":"debt-sustainability","label":"Debt Sustainability","description":"Many statements focused on rising debt burdens, debt service pressures, and the need for faster, fairer debt restructuring and relief. Discussion also covered debt-for-development swaps, concessional finance, and debt pause clauses as tools to protect development spending."}],"words":[{"text":"And","start":437.11,"end":437.27},{"text":"the","start":437.27,"end":437.39},{"text":"more","start":437.39,"end":437.71},{"text":"fragmented","start":437.71,"end":438.51},{"text":"and","start":438.79,"end":438.99},{"text":"complex","start":438.99,"end":439.63},{"text":"international","start":439.63,"end":440.35},{"text":"debt","start":440.35,"end":440.75},{"text":"landscape","start":440.83,"end":441.55},{"text":"makes","start":442.43,"end":443.07},{"text":"debt","start":443.23,"end":443.71},{"text":"resolution","start":443.71,"end":444.59},{"text":"slower,","start":444.83,"end":445.55},{"text":"costlier,","start":446.43,"end":447.23},{"text":"and","start":447.87,"end":448.11},{"text":"less","start":448.11,"end":448.51},{"text":"predictable.","start":448.87,"end":449.59}]},{"text":"This is not only a financial challenge.","start":451.19,"end":453.67,"topics":[],"words":[{"text":"This","start":451.19,"end":451.35},{"text":"is","start":451.35,"end":451.51},{"text":"not","start":451.51,"end":451.75},{"text":"only","start":451.75,"end":452.23},{"text":"a","start":452.23,"end":452.31},{"text":"financial","start":452.31,"end":453.03},{"text":"challenge.","start":453.03,"end":453.67}]},{"text":"It is a development challenge.","start":454.87,"end":458.87,"topics":[],"words":[{"text":"It","start":454.87,"end":455.35},{"text":"is","start":455.75,"end":456.47},{"text":"a","start":457.03,"end":457.07},{"text":"development","start":457.07,"end":457.91},{"text":"challenge.","start":458.23,"end":458.87}]},{"text":"We need solutions that are faster, fairer, and the more development-oriented.","start":459.59,"end":468.23,"topics":[{"key":"debt-sustainability","label":"Debt Sustainability","description":"Many statements focused on rising debt burdens, debt service pressures, and the need for faster, fairer debt restructuring and relief. Discussion also covered debt-for-development swaps, concessional finance, and debt pause clauses as tools to protect development spending."}],"words":[{"text":"We","start":459.59,"end":459.75},{"text":"need","start":459.75,"end":460.03},{"text":"solutions","start":460.03,"end":460.95},{"text":"that","start":461.27,"end":461.51},{"text":"are","start":461.51,"end":461.91},{"text":"faster,","start":462.23,"end":462.95},{"text":"fairer,","start":463.91,"end":464.55},{"text":"and","start":465.43,"end":465.63},{"text":"the","start":465.63,"end":465.75},{"text":"more","start":465.75,"end":466.39},{"text":"development-oriented.","start":466.71,"end":468.23}]},{"text":"These include strengthening debt management capacities, improving transparency, promoting responsible borrowing and lending, scaling up debt for development swaps, and finally, increasing access to concessional finance.","start":469.59,"end":493.79,"topics":[{"key":"debt-sustainability","label":"Debt Sustainability","description":"Many statements focused on rising debt burdens, debt service pressures, and the need for faster, fairer debt restructuring and relief. Discussion also covered debt-for-development swaps, concessional finance, and debt pause clauses as tools to protect development spending."}],"words":[{"text":"These","start":469.59,"end":469.91},{"text":"include","start":469.91,"end":470.63},{"text":"strengthening","start":470.71,"end":471.51},{"text":"debt","start":472.55,"end":472.95},{"text":"management","start":473.43,"end":474.03},{"text":"capacities,","start":474.03,"end":474.95},{"text":"improving","start":476.43,"end":477.19},{"text":"transparency,","start":477.43,"end":478.55},{"text":"promoting","start":479.23,"end":479.87},{"text":"responsible","start":479.87,"end":480.83},{"text":"borrowing","start":480.83,"end":481.39},{"text":"and","start":481.39,"end":481.63},{"text":"lending,","start":481.63,"end":482.11},{"text":"scaling","start":483.15,"end":483.79},{"text":"up","start":483.79,"end":484.11},{"text":"debt","start":484.67,"end":485.23},{"text":"for","start":485.39,"end":485.79},{"text":"development","start":485.79,"end":486.47},{"text":"swaps,","start":486.47,"end":487.07},{"text":"and","start":487.87,"end":488.19},{"text":"finally,","start":488.43,"end":489.07},{"text":"increasing","start":489.15,"end":489.87},{"text":"access","start":489.87,"end":490.51},{"text":"to","start":490.99,"end":491.31},{"text":"concessional","start":491.31,"end":492.19},{"text":"finance.","start":492.91,"end":493.79}]},{"text":"These efforts should be complemented by timely, orderly, and effective debt relief, effective debt relief.","start":494.83,"end":507.47,"topics":[{"key":"debt-sustainability","label":"Debt Sustainability","description":"Many statements focused on rising debt burdens, debt service pressures, and the need for faster, fairer debt restructuring and relief. Discussion also covered debt-for-development swaps, concessional finance, and debt pause clauses as tools to protect development spending."}],"words":[{"text":"These","start":494.83,"end":495.31},{"text":"efforts","start":495.31,"end":495.79},{"text":"should","start":496.03,"end":496.27},{"text":"be","start":496.27,"end":496.43},{"text":"complemented","start":496.43,"end":497.23},{"text":"by","start":497.55,"end":497.95},{"text":"timely,","start":498.63,"end":499.31},{"text":"orderly,","start":499.95,"end":500.75},{"text":"and","start":500.83,"end":501.11},{"text":"effective","start":501.15,"end":501.87},{"text":"debt","start":502.27,"end":502.59},{"text":"relief,","start":503.31,"end":504.03},{"text":"effective","start":504.87,"end":505.87},{"text":"debt","start":506.11,"end":506.51},{"text":"relief.","start":506.83,"end":507.47}]},{"text":"The Seville Commitment provides a roadmap, and progress is already underway, including the launch of the Borrowers' Platform, growing interest in debt pause clauses, and the completed review of the joint IMF-World Bank Debt Sustainability Framework for low-income countries.","start":508.67,"end":539.75,"topics":[{"key":"debt-sustainability","label":"Debt Sustainability","description":"Many statements focused on rising debt burdens, debt service pressures, and the need for faster, fairer debt restructuring and relief. Discussion also covered debt-for-development swaps, concessional finance, and debt pause clauses as tools to protect development spending."},{"key":"shock-responsive-finance","label":"Shock-Responsive Finance and Fiscal Space","description":"Delegates and panelists emphasized expanding fiscal space so countries can respond to climate and non-climate shocks without sacrificing long-term development investment. Pre-arranged finance, contingency instruments, insurance, and automatic debt service suspension were highlighted as key mechanisms."}],"words":[{"text":"The","start":508.67,"end":508.71},{"text":"Seville","start":508.71,"end":509.11},{"text":"Commitment","start":509.11,"end":509.75},{"text":"provides","start":509.75,"end":510.63},{"text":"a","start":510.87,"end":510.91},{"text":"roadmap,","start":510.91,"end":511.51},{"text":"and","start":512.51,"end":512.71},{"text":"progress","start":512.71,"end":513.43},{"text":"is","start":514.23,"end":514.71},{"text":"already","start":516.39,"end":516.83},{"text":"underway,","start":516.83,"end":517.43},{"text":"including","start":518.91,"end":519.59},{"text":"the","start":519.59,"end":519.75},{"text":"launch","start":519.75,"end":520.31},{"text":"of","start":520.75,"end":520.91},{"text":"the","start":520.91,"end":521.03},{"text":"Borrowers'","start":521.03,"end":521.91},{"text":"Platform,","start":522.07,"end":522.67},{"text":"growing","start":524.07,"end":524.55},{"text":"interest","start":524.55,"end":525.15},{"text":"in","start":525.99,"end":526.15},{"text":"debt","start":526.15,"end":526.47},{"text":"pause","start":526.55,"end":527.11},{"text":"clauses,","start":527.11,"end":527.91},{"text":"and","start":528.87,"end":529.07},{"text":"the","start":529.07,"end":529.15},{"text":"completed","start":529.15,"end":529.83},{"text":"review","start":529.83,"end":530.39},{"text":"of","start":530.47,"end":530.63},{"text":"the","start":530.63,"end":530.79},{"text":"joint","start":530.79,"end":531.35},{"text":"IMF-World","start":531.59,"end":533.19},{"text":"Bank","start":533.19,"end":533.67},{"text":"Debt","start":534.39,"end":534.79},{"text":"Sustainability","start":534.79,"end":535.91},{"text":"Framework","start":535.91,"end":536.71},{"text":"for","start":537.43,"end":537.59},{"text":"low-income","start":537.59,"end":539.03},{"text":"countries.","start":539.11,"end":539.75}]},{"text":"These steps must now deliver, deliver tangible benefits for member states facing the distress.","start":541.75,"end":554.23,"topics":[],"words":[{"text":"These","start":541.75,"end":541.99},{"text":"steps","start":541.99,"end":542.71},{"text":"must","start":543.51,"end":543.99},{"text":"now","start":543.99,"end":544.39},{"text":"deliver,","start":544.79,"end":545.43},{"text":"deliver","start":546.39,"end":547.03},{"text":"tangible","start":547.35,"end":548.23},{"text":"benefits","start":548.47,"end":549.35},{"text":"for","start":549.67,"end":549.99},{"text":"member","start":549.99,"end":550.39},{"text":"states","start":550.39,"end":550.91},{"text":"facing","start":551.35,"end":552.07},{"text":"the","start":552.63,"end":552.75},{"text":"distress.","start":553.47,"end":554.23}]},{"text":"ECOSOC has a central responsibility for follow-up.","start":556.75,"end":562.39,"topics":[],"words":[{"text":"ECOSOC","start":556.75,"end":557.35},{"text":"has","start":558.15,"end":558.35},{"text":"a","start":558.35,"end":558.39},{"text":"central","start":558.39,"end":559.35},{"text":"responsibility","start":559.67,"end":560.71},{"text":"for","start":560.71,"end":561.35},{"text":"follow-up.","start":561.67,"end":562.39}]},{"text":"Its forum on financing for development, the revitalized Development Cooperation Forum, its dialogues on financial integrity, on sovereign debt, and its engagement with credit rating agencies are helping to build a more transparent, development-oriented, financial system.","start":563.83,"end":595.63,"topics":[{"key":"financial-architecture-reform","label":"International Financial Architecture Reform","description":"Speakers called for reforms to the global financial system so it better reflects the needs of developing countries, especially vulnerable and middle-income states. 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Speakers stressed turning the Sevilla Commitment into practical action and better aligning finance with sustainable development goals."}],"words":[{"text":"The","start":622.91,"end":623.07},{"text":"commitments","start":623.07,"end":624.11},{"text":"Our","start":624.51,"end":624.83},{"text":"commitments","start":624.83,"end":625.71},{"text":"made","start":626.83,"end":627.31},{"text":"in","start":627.47,"end":627.63},{"text":"Seville","start":627.63,"end":628.27},{"text":"must","start":629.07,"end":629.63},{"text":"be","start":629.79,"end":630.27},{"text":"translated","start":630.71,"end":631.63},{"text":"into","start":632.03,"end":632.51},{"text":"actions.","start":632.91,"end":633.31}]},{"text":"Let us seize the opportunity, this opportunity, to close the financing gap, to accelerate SDG action, and build a more resilient, more inclusive, a more sustainable future for all.","start":635.47,"end":659.99,"topics":[{"key":"sdg-financing-gap","label":"SDG Financing Gap","description":"A central theme was the multi-trillion-dollar shortfall in resources needed to achieve the 2030 Agenda. 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thank you.","start":659.99,"end":660.51,"topics":[],"words":[{"text":"I","start":659.99,"end":660.15},{"text":"thank","start":660.15,"end":660.43},{"text":"you.","start":660.43,"end":660.51}]},{"text":"I now invite the Vice President of ECOSOC, His Excellency Juan Pablo Vegas Torres, to take over as moderator for the first panel 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we will take a very brief pause to rearrange the podium.","start":685.91,"end":693.63,"topics":[],"words":[{"text":"So","start":685.91,"end":686.39},{"text":"we","start":686.71,"end":686.91},{"text":"will","start":686.91,"end":687.07},{"text":"take","start":687.11,"end":687.51},{"text":"a","start":688.31,"end":688.35},{"text":"very","start":688.35,"end":689.03},{"text":"brief","start":689.19,"end":689.83},{"text":"pause","start":690.11,"end":690.75},{"text":"to","start":691.07,"end":691.47},{"text":"rearrange","start":692.03,"end":692.75},{"text":"the","start":693.07,"end":693.19},{"text":"podium.","start":693.19,"end":693.63}]},{"text":"I thank you.","start":694.19,"end":694.67,"topics":[],"words":[{"text":"I","start":694.19,"end":694.35},{"text":"thank","start":694.35,"end":694.59},{"text":"you.","start":694.59,"end":694.67}]},{"text":"I will be in my seat there.","start":699.15,"end":700.79,"topics":[],"words":[{"text":"I","start":699.15,"end":699.19},{"text":"will","start":699.19,"end":699.31},{"text":"be","start":699.43,"end":699.55},{"text":"in","start":699.91,"end":699.99},{"text":"my","start":700.03,"end":700.11},{"text":"seat","start":700.19,"end":700.47},{"text":"there.","start":700.63,"end":700.79}]}]}],"speaker":{"affiliation":"ECOSOC","group":null,"function":"President","affiliation_full":"ECOSOC"}},{"statement_number":3,"start":794.75,"pageUrl":"/ar/ga/c2/81/18?lang=en&t=13:15","paragraphs":[{"sentences":[{"text":"Hello, everyone.","start":794.75,"end":795.87,"topics":[],"words":[{"text":"Hello,","start":794.75,"end":795.15},{"text":"everyone.","start":795.15,"end":795.87}]},{"text":"I'm pleased to moderate today's first panel discussion on expanding fiscal space in a period of global shocks and crisis.","start":797.55,"end":805.79,"topics":[{"key":"shock-responsive-finance","label":"Shock-Responsive Finance and Fiscal Space","description":"Delegates and panelists emphasized expanding fiscal space so countries can respond to climate and non-climate shocks without sacrificing long-term development investment. 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will now proceed to the discussion, and I welcome the panelists and thank them for participating both in person and on a virtual 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I kindly request them to limit their remarks to around five to seven minutes.","start":832.43,"end":837.79,"topics":[],"words":[{"text":"And","start":832.43,"end":832.59},{"text":"I","start":832.59,"end":832.63},{"text":"kindly","start":832.63,"end":833.11},{"text":"request","start":833.11,"end":833.67},{"text":"them","start":834.51,"end":834.71},{"text":"to","start":834.95,"end":835.07},{"text":"limit","start":835.07,"end":835.39},{"text":"their","start":835.39,"end":835.71},{"text":"remarks","start":835.71,"end":836.19},{"text":"to","start":836.19,"end":836.27},{"text":"around","start":836.27,"end":836.63},{"text":"five","start":836.63,"end":836.95},{"text":"to","start":836.95,"end":837.07},{"text":"seven","start":837.11,"end":837.43},{"text":"minutes.","start":837.43,"end":837.79}]},{"text":"My first set of questions is directed to Mrs. Nancy Lee, Director for Sustainable Development Finance and Senior Fellow at the Center for Global Development who is joining on a virtual 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Lee, you have advocated for standardized clauses triggered by the magnitude of a shock rather than its source.","start":854.79,"end":864.63,"topics":[{"key":"shock-responsive-finance","label":"Shock-Responsive Finance and Fiscal Space","description":"Delegates and panelists emphasized expanding fiscal space so countries can respond to climate and non-climate shocks without sacrificing long-term development investment. 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Discussion also covered debt-for-development swaps, concessional finance, and debt pause clauses as tools to protect development spending."}],"words":[{"text":"And","start":877.31,"end":877.47},{"text":"how","start":877.75,"end":878.23},{"text":"can","start":878.31,"end":878.55},{"text":"the","start":878.55,"end":878.75},{"text":"uptake","start":878.75,"end":879.19},{"text":"of","start":879.19,"end":879.43},{"text":"debt","start":879.43,"end":879.91},{"text":"and","start":881.47,"end":881.87},{"text":"pre-arranged","start":882.23,"end":883.47},{"text":"financing","start":883.47,"end":884.19},{"text":"help","start":884.19,"end":884.55},{"text":"them","start":884.55,"end":884.91},{"text":"absorb","start":885.27,"end":885.79},{"text":"the","start":885.79,"end":885.87},{"text":"shock?","start":885.87,"end":886.27}]},{"text":"You have the floor, please, madam.","start":886.91,"end":888.27,"topics":[],"words":[{"text":"You","start":886.91,"end":887.03},{"text":"have","start":887.03,"end":887.27},{"text":"the","start":887.27,"end":887.39},{"text":"floor,","start":887.39,"end":887.71},{"text":"please,","start":887.71,"end":887.95},{"text":"madam.","start":887.95,"end":888.27}]}]}],"speaker":{"affiliation":"ECOSOC","group":null,"function":"Vice President","affiliation_full":"ECOSOC"}},{"statement_number":4,"start":892.51,"pageUrl":"/ar/ga/c2/81/18?lang=en&t=14:53","paragraphs":[{"sentences":[{"text":"Thank you so much.","start":892.51,"end":893.71,"topics":[],"words":[{"text":"Thank","start":892.51,"end":892.83},{"text":"you","start":892.83,"end":892.95},{"text":"so","start":892.95,"end":893.15},{"text":"much.","start":893.15,"end":893.71}]},{"text":"And let me say first that I am really grateful and pleased to be part of this conversation, which could not be more timely as it follows the meetings of the IMF and the World Bank last week in Bangkok where these issues were discussed.","start":894.43,"end":913.19,"topics":[],"words":[{"text":"And","start":894.43,"end":894.63},{"text":"let","start":894.63,"end":894.75},{"text":"me","start":894.75,"end":894.91},{"text":"say","start":894.91,"end":895.15},{"text":"first","start":895.15,"end":895.87},{"text":"that","start":896.43,"end":896.75},{"text":"I","start":896.75,"end":896.91},{"text":"am","start":896.91,"end":897.15},{"text":"really","start":897.15,"end":897.71},{"text":"grateful","start":898.51,"end":899.19},{"text":"and","start":899.19,"end":899.35},{"text":"pleased","start":899.35,"end":899.75},{"text":"to","start":899.75,"end":899.83},{"text":"be","start":899.83,"end":899.95},{"text":"part","start":899.95,"end":900.31},{"text":"of","start":900.31,"end":900.43},{"text":"this","start":900.51,"end":900.99},{"text":"conversation,","start":901.15,"end":902.11},{"text":"which","start":902.11,"end":902.51},{"text":"could","start":903.67,"end":903.83},{"text":"not","start":903.83,"end":904.15},{"text":"be","start":904.15,"end":904.23},{"text":"more","start":904.23,"end":904.87},{"text":"timely","start":905.27,"end":905.99},{"text":"as","start":905.99,"end":906.47},{"text":"it","start":906.47,"end":906.63},{"text":"follows","start":906.63,"end":907.39},{"text":"the","start":907.39,"end":907.47},{"text":"meetings","start":907.51,"end":907.95},{"text":"of","start":907.95,"end":908.07},{"text":"the","start":908.07,"end":908.15},{"text":"IMF","start":908.15,"end":908.55},{"text":"and","start":908.55,"end":908.67},{"text":"the","start":908.67,"end":908.75},{"text":"World","start":908.75,"end":908.95},{"text":"Bank","start":908.95,"end":909.19},{"text":"last","start":909.19,"end":909.51},{"text":"week","start":909.51,"end":909.71},{"text":"in","start":909.71,"end":909.83},{"text":"Bangkok","start":909.83,"end":910.47},{"text":"where","start":910.47,"end":910.95},{"text":"these","start":911.31,"end":911.59},{"text":"issues","start":911.59,"end":912.15},{"text":"were","start":912.15,"end":912.39},{"text":"discussed.","start":912.39,"end":913.19}]},{"text":"I am going to advance the proposal, as the Ambassador said, for broadly applicable debt service suspension clauses that would be included in the contracts of both public and private creditors, all major creditors, and that would provide automatic large-scale relief to poor and vulnerable countries.","start":915.19,"end":939.83,"topics":[{"key":"debt-sustainability","label":"Debt Sustainability","description":"Many statements focused on rising debt burdens, debt service pressures, and the need for faster, fairer debt restructuring and relief. 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this graph shows the results of our research.","start":1050.71,"end":1053.67,"topics":[],"words":[{"text":"And","start":1050.71,"end":1050.99},{"text":"this","start":1050.99,"end":1051.35},{"text":"graph","start":1051.35,"end":1051.83},{"text":"shows","start":1051.83,"end":1052.23},{"text":"the","start":1052.23,"end":1052.31},{"text":"results","start":1052.31,"end":1052.71},{"text":"of","start":1052.71,"end":1052.83},{"text":"our","start":1052.83,"end":1053.07},{"text":"research.","start":1053.07,"end":1053.67}]},{"text":"We identified six different kinds of shocks or seven different kinds of shocks.","start":1055.91,"end":1061.99,"topics":[],"words":[{"text":"We","start":1055.91,"end":1056.63},{"text":"identified","start":1057.27,"end":1058.15},{"text":"six","start":1058.15,"end":1058.63},{"text":"different","start":1058.63,"end":1059.03},{"text":"kinds","start":1059.03,"end":1059.43},{"text":"of","start":1059.43,"end":1059.51},{"text":"shocks","start":1059.51,"end":1060.07},{"text":"or","start":1060.07,"end":1060.39},{"text":"seven","start":1060.39,"end":1060.71},{"text":"different","start":1060.71,"end":1061.07},{"text":"kinds","start":1061.07,"end":1061.31},{"text":"of","start":1061.31,"end":1061.39},{"text":"shocks.","start":1061.39,"end":1061.99}]},{"text":"Some are climate related, some are not climate related, and then we assess the relative frequency of those 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graph shows, is that non-climate related shocks are actually more frequent over the period.","start":1068.99,"end":1077.03,"topics":[],"words":[{"text":"And","start":1068.99,"end":1069.15},{"text":"what","start":1069.15,"end":1069.31},{"text":"we","start":1069.31,"end":1069.47},{"text":"found","start":1069.47,"end":1069.95},{"text":"is","start":1069.95,"end":1070.07},{"text":"this,","start":1070.07,"end":1070.43},{"text":"as","start":1070.63,"end":1070.75},{"text":"this","start":1070.75,"end":1070.99},{"text":"graph","start":1070.99,"end":1071.27},{"text":"shows,","start":1071.27,"end":1071.95},{"text":"is","start":1072.27,"end":1072.43},{"text":"that","start":1072.43,"end":1072.75},{"text":"non-climate","start":1072.75,"end":1073.59},{"text":"related","start":1073.59,"end":1073.95},{"text":"shocks","start":1073.95,"end":1074.35},{"text":"are","start":1074.35,"end":1074.43},{"text":"actually","start":1074.43,"end":1074.83},{"text":"more","start":1074.83,"end":1075.39},{"text":"frequent","start":1075.79,"end":1076.23},{"text":"over","start":1076.23,"end":1076.43},{"text":"the","start":1076.43,"end":1076.51},{"text":"period.","start":1076.51,"end":1077.03}]},{"text":"This is the last two decades than climate related shocks.","start":1077.03,"end":1084.35,"topics":[],"words":[{"text":"This","start":1077.03,"end":1077.23},{"text":"is","start":1077.23,"end":1077.39},{"text":"the","start":1077.39,"end":1077.63},{"text":"last","start":1079.15,"end":1079.79},{"text":"two","start":1080.43,"end":1080.75},{"text":"decades","start":1080.75,"end":1081.55},{"text":"than","start":1082.51,"end":1082.91},{"text":"climate","start":1082.91,"end":1083.35},{"text":"related","start":1083.35,"end":1083.79},{"text":"shocks.","start":1083.79,"end":1084.35}]},{"text":"So the debt suspension clauses related to climate related shocks are good, but they are not sufficient.","start":1084.51,"end":1092.19,"topics":[{"key":"shock-responsive-finance","label":"Shock-Responsive Finance and Fiscal Space","description":"Delegates and panelists emphasized expanding fiscal space so countries can respond to climate and non-climate shocks without sacrificing long-term development investment. 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recently published new guidance clarifying how debt pauses closures may affect sovereign credit quality.","start":2067.39,"end":2076.51,"topics":[{"key":"debt-sustainability","label":"Debt Sustainability","description":"Many statements focused on rising debt burdens, debt service pressures, and the need for faster, fairer debt restructuring and relief. Discussion also covered debt-for-development swaps, concessional finance, and debt pause clauses as tools to protect development spending."}],"words":[{"text":"Mr.","start":2067.39,"end":2067.83},{"text":"Rogovich,","start":2067.83,"end":2068.43},{"text":"Moody's","start":2068.83,"end":2069.31},{"text":"has","start":2069.31,"end":2069.43},{"text":"recently","start":2069.55,"end":2070.11},{"text":"published","start":2070.11,"end":2070.71},{"text":"new","start":2070.71,"end":2070.91},{"text":"guidance","start":2070.91,"end":2071.47},{"text":"clarifying","start":2071.47,"end":2072.27},{"text":"how","start":2072.83,"end":2073.15},{"text":"debt","start":2073.15,"end":2073.39},{"text":"pauses","start":2073.39,"end":2073.95},{"text":"closures","start":2074.27,"end":2074.75},{"text":"may","start":2074.75,"end":2074.91},{"text":"affect","start":2074.91,"end":2075.23},{"text":"sovereign","start":2075.23,"end":2075.71},{"text":"credit","start":2075.71,"end":2076.07},{"text":"quality.","start":2076.11,"end":2076.51}]},{"text":"How can Moody's and other credit rating agencies help investors better recognize and value investments in resilience?","start":2077.55,"end":2086.43,"topics":[{"key":"financial-architecture-reform","label":"International Financial Architecture Reform","description":"Speakers called for reforms to the global financial system so it better reflects the needs of developing countries, especially vulnerable and middle-income states. This included changes to concessional eligibility, the use of multidimensional vulnerability measures, stronger representation in IFIs, and more development-oriented credit rating practices."}],"words":[{"text":"How","start":2077.55,"end":2077.59},{"text":"can","start":2077.59,"end":2077.79},{"text":"Moody's","start":2077.79,"end":2078.35},{"text":"and","start":2078.43,"end":2078.67},{"text":"other","start":2078.83,"end":2079.31},{"text":"credit","start":2079.95,"end":2080.27},{"text":"rating","start":2080.27,"end":2080.75},{"text":"agencies","start":2080.75,"end":2081.39},{"text":"help","start":2081.39,"end":2081.71},{"text":"investors","start":2081.71,"end":2082.67},{"text":"better","start":2082.99,"end":2083.43},{"text":"recognize","start":2083.43,"end":2084.07},{"text":"and","start":2084.07,"end":2084.19},{"text":"value","start":2084.19,"end":2084.55},{"text":"investments","start":2084.55,"end":2085.39},{"text":"in","start":2085.55,"end":2085.71},{"text":"resilience?","start":2085.71,"end":2086.43}]},{"text":"Please, sir.","start":2087.15,"end":2087.55,"topics":[],"words":[{"text":"Please,","start":2087.15,"end":2087.31},{"text":"sir.","start":2087.31,"end":2087.55}]}]}],"speaker":{"affiliation":"ECOSOC","group":null,"function":"Vice President","affiliation_full":"ECOSOC"}},{"statement_number":8,"start":2089.35,"pageUrl":"/ar/ga/c2/81/18?lang=en&t=34:50","paragraphs":[{"sentences":[{"text":"Thank you.","start":2089.35,"end":2089.67,"topics":[],"words":[{"text":"Thank","start":2089.35,"end":2089.55},{"text":"you.","start":2089.55,"end":2089.67}]},{"text":"I'd like to share the view of Moody's, the credit rating agency.","start":2089.79,"end":2094.11,"topics":[],"words":[{"text":"I'd","start":2089.79,"end":2089.99},{"text":"like","start":2090.43,"end":2090.55},{"text":"to","start":2090.55,"end":2090.75},{"text":"share","start":2090.75,"end":2091.23},{"text":"the","start":2091.71,"end":2091.87},{"text":"view","start":2091.87,"end":2092.19},{"text":"of","start":2092.19,"end":2092.35},{"text":"Moody's,","start":2092.51,"end":2092.95},{"text":"the","start":2092.95,"end":2093.03},{"text":"credit","start":2093.03,"end":2093.31},{"text":"rating","start":2093.31,"end":2093.59},{"text":"agency.","start":2093.59,"end":2094.11}]},{"text":"When a country invests in resilience or signs up for these debt pause instruments, we can share what changes in how we assess the credit risk and what does not.","start":2094.95,"end":2105.63,"topics":[{"key":"debt-sustainability","label":"Debt Sustainability","description":"Many statements focused on rising debt burdens, debt service pressures, and the need for faster, fairer debt restructuring and relief. Discussion also covered debt-for-development swaps, concessional finance, and debt pause clauses as tools to protect development spending."},{"key":"shock-responsive-finance","label":"Shock-Responsive Finance and Fiscal Space","description":"Delegates and panelists emphasized expanding fiscal space so countries can respond to climate and non-climate shocks without sacrificing long-term development investment. Pre-arranged finance, contingency instruments, insurance, and automatic debt service suspension were highlighted as key mechanisms."}],"words":[{"text":"When","start":2094.95,"end":2095.39},{"text":"a","start":2095.55,"end":2095.59},{"text":"country","start":2095.59,"end":2095.95},{"text":"invests","start":2095.95,"end":2096.59},{"text":"in","start":2096.59,"end":2096.75},{"text":"resilience","start":2096.75,"end":2097.55},{"text":"or","start":2097.55,"end":2097.79},{"text":"signs","start":2097.79,"end":2098.19},{"text":"up","start":2098.19,"end":2098.31},{"text":"for","start":2098.31,"end":2098.43},{"text":"these","start":2098.43,"end":2098.83},{"text":"debt","start":2099.07,"end":2099.39},{"text":"pause","start":2099.39,"end":2099.95},{"text":"instruments,","start":2100.03,"end":2100.75},{"text":"we","start":2101.27,"end":2101.35},{"text":"can","start":2101.35,"end":2101.47},{"text":"share","start":2101.47,"end":2101.71},{"text":"what","start":2101.71,"end":2102.03},{"text":"changes","start":2102.03,"end":2102.59},{"text":"in","start":2102.59,"end":2102.91},{"text":"how","start":2102.91,"end":2103.15},{"text":"we","start":2103.15,"end":2103.31},{"text":"assess","start":2103.31,"end":2103.63},{"text":"the","start":2103.63,"end":2103.75},{"text":"credit","start":2103.75,"end":2103.99},{"text":"risk","start":2103.99,"end":2104.35},{"text":"and","start":2104.43,"end":2104.83},{"text":"what","start":2104.87,"end":2105.19},{"text":"does","start":2105.19,"end":2105.31},{"text":"not.","start":2105.31,"end":2105.63}]},{"text":"I'll answer this in two parts.","start":2106.31,"end":2107.87,"topics":[],"words":[{"text":"I'll","start":2106.31,"end":2106.75},{"text":"answer","start":2106.75,"end":2106.95},{"text":"this","start":2106.95,"end":2107.07},{"text":"in","start":2107.07,"end":2107.23},{"text":"two","start":2107.23,"end":2107.39},{"text":"parts.","start":2107.39,"end":2107.87}]},{"text":"First, what our recent work on debt pause clauses says, and how rating agencies can reduce uncertainty for countries considering these tools.","start":2107.95,"end":2117.39,"topics":[{"key":"debt-sustainability","label":"Debt Sustainability","description":"Many statements focused on rising debt burdens, debt service pressures, and the need for faster, fairer debt restructuring and relief. Discussion also covered debt-for-development swaps, concessional finance, and debt pause clauses as tools to protect development spending."},{"key":"shock-responsive-finance","label":"Shock-Responsive Finance and Fiscal Space","description":"Delegates and panelists emphasized expanding fiscal space so countries can respond to climate and non-climate shocks without sacrificing long-term development investment. Pre-arranged finance, contingency instruments, insurance, and automatic debt service suspension were highlighted as key mechanisms."}],"words":[{"text":"First,","start":2107.95,"end":2108.51},{"text":"what","start":2109.03,"end":2109.39},{"text":"our","start":2109.39,"end":2109.51},{"text":"recent","start":2109.51,"end":2109.87},{"text":"work","start":2109.87,"end":2110.11},{"text":"on","start":2110.11,"end":2110.27},{"text":"debt","start":2110.27,"end":2110.51},{"text":"pause","start":2110.51,"end":2110.83},{"text":"clauses","start":2110.83,"end":2111.15},{"text":"says,","start":2111.15,"end":2111.71},{"text":"and","start":2112.27,"end":2112.59},{"text":"how","start":2113.07,"end":2113.23},{"text":"rating","start":2113.23,"end":2113.55},{"text":"agencies","start":2113.55,"end":2113.87},{"text":"can","start":2113.87,"end":2114.03},{"text":"reduce","start":2114.03,"end":2114.43},{"text":"uncertainty","start":2114.43,"end":2115.31},{"text":"for","start":2115.79,"end":2115.95},{"text":"countries","start":2115.95,"end":2116.35},{"text":"considering","start":2116.35,"end":2116.75},{"text":"these","start":2116.75,"end":2116.91},{"text":"tools.","start":2116.91,"end":2117.39}]},{"text":"So on the first part, in July, we published a set of questions and answers on how debt pause clauses affect sovereign credit quality.","start":2118.03,"end":2127.55,"topics":[{"key":"debt-sustainability","label":"Debt Sustainability","description":"Many statements focused on rising debt burdens, debt service pressures, and the need for faster, fairer debt restructuring and relief. Discussion also covered debt-for-development swaps, concessional finance, and debt pause clauses as tools to protect development spending."}],"words":[{"text":"So","start":2118.03,"end":2118.43},{"text":"on","start":2118.99,"end":2119.07},{"text":"the","start":2119.07,"end":2119.15},{"text":"first","start":2119.15,"end":2119.39},{"text":"part,","start":2119.39,"end":2119.71},{"text":"in","start":2120.11,"end":2120.27},{"text":"July,","start":2120.27,"end":2120.67},{"text":"we","start":2120.67,"end":2120.75},{"text":"published","start":2120.75,"end":2121.11},{"text":"a","start":2121.11,"end":2121.15},{"text":"set","start":2121.15,"end":2121.47},{"text":"of","start":2121.99,"end":2122.19},{"text":"questions","start":2122.43,"end":2122.91},{"text":"and","start":2122.91,"end":2123.07},{"text":"answers","start":2123.07,"end":2123.71},{"text":"on","start":2124.11,"end":2124.35},{"text":"how","start":2124.35,"end":2124.59},{"text":"debt","start":2124.59,"end":2124.91},{"text":"pause","start":2124.91,"end":2125.23},{"text":"clauses","start":2125.23,"end":2125.95},{"text":"affect","start":2125.99,"end":2126.35},{"text":"sovereign","start":2126.35,"end":2126.83},{"text":"credit","start":2126.83,"end":2127.11},{"text":"quality.","start":2127.11,"end":2127.55}]},{"text":"And there are four main takeaways or conclusions here.","start":2128.11,"end":2132.43,"topics":[],"words":[{"text":"And","start":2128.11,"end":2128.51},{"text":"there","start":2128.51,"end":2128.83},{"text":"are","start":2128.83,"end":2129.23},{"text":"four","start":2129.23,"end":2130.03},{"text":"main","start":2130.03,"end":2130.59},{"text":"takeaways","start":2130.59,"end":2131.23},{"text":"or","start":2131.31,"end":2131.55},{"text":"conclusions","start":2131.55,"end":2132.11},{"text":"here.","start":2132.11,"end":2132.43}]},{"text":"First, what are these clauses for?","start":2133.15,"end":2135.39,"topics":[],"words":[{"text":"First,","start":2133.15,"end":2133.71},{"text":"what","start":2134.15,"end":2134.39},{"text":"are","start":2134.39,"end":2134.47},{"text":"these","start":2134.47,"end":2134.59},{"text":"clauses","start":2134.59,"end":2134.99},{"text":"for?","start":2134.99,"end":2135.39}]},{"text":"We see debt pause clauses as a tool to manage liquidity, not as a solution to solvency problems.","start":2136.47,"end":2142.47,"topics":[{"key":"debt-sustainability","label":"Debt Sustainability","description":"Many statements focused on rising debt burdens, debt service pressures, and the need for faster, fairer debt restructuring and relief. 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Pre-arranged finance, contingency instruments, insurance, and automatic debt service suspension were highlighted as key mechanisms."}],"words":[{"text":"We","start":2136.47,"end":2136.71},{"text":"see","start":2136.71,"end":2136.95},{"text":"debt","start":2136.95,"end":2137.27},{"text":"pause","start":2137.27,"end":2137.51},{"text":"clauses","start":2137.51,"end":2138.07},{"text":"as","start":2138.15,"end":2138.43},{"text":"a","start":2138.43,"end":2138.47},{"text":"tool","start":2138.47,"end":2138.87},{"text":"to","start":2138.87,"end":2138.95},{"text":"manage","start":2138.95,"end":2139.23},{"text":"liquidity,","start":2139.23,"end":2139.91},{"text":"not","start":2140.07,"end":2140.31},{"text":"as","start":2140.31,"end":2140.43},{"text":"a","start":2140.43,"end":2140.47},{"text":"solution","start":2140.47,"end":2141.03},{"text":"to","start":2141.03,"end":2141.43},{"text":"solvency","start":2141.43,"end":2141.91},{"text":"problems.","start":2141.91,"end":2142.47}]},{"text":"That is how they were designed.","start":2143.35,"end":2144.99,"topics":[],"words":[{"text":"That","start":2143.35,"end":2143.63},{"text":"is","start":2143.63,"end":2143.71},{"text":"how","start":2143.71,"end":2143.91},{"text":"they","start":2143.91,"end":2144.07},{"text":"were","start":2144.07,"end":2144.47},{"text":"designed.","start":2144.47,"end":2144.99}]},{"text":"We heard from the Center for Global Development in their proposal, the aim to keep creditors' claims whole, and they tried to discourage use by sovereigns that are heading towards restructuring.","start":2144.99,"end":2156.71,"topics":[{"key":"debt-sustainability","label":"Debt Sustainability","description":"Many statements focused on rising debt burdens, debt service pressures, and the need for faster, fairer debt restructuring and relief. Discussion also covered debt-for-development swaps, concessional finance, and debt pause clauses as tools to protect development spending."}],"words":[{"text":"We","start":2144.99,"end":2145.11},{"text":"heard","start":2145.11,"end":2145.43},{"text":"from","start":2145.43,"end":2145.83},{"text":"the","start":2145.83,"end":2145.99},{"text":"Center","start":2145.99,"end":2146.31},{"text":"for","start":2146.31,"end":2146.47},{"text":"Global","start":2146.47,"end":2146.79},{"text":"Development","start":2146.79,"end":2147.51},{"text":"in","start":2148.07,"end":2148.15},{"text":"their","start":2148.15,"end":2148.39},{"text":"proposal,","start":2148.39,"end":2148.95},{"text":"the","start":2149.67,"end":2149.87},{"text":"aim","start":2149.87,"end":2150.15},{"text":"to","start":2150.15,"end":2150.27},{"text":"keep","start":2150.27,"end":2150.55},{"text":"creditors'","start":2150.55,"end":2151.19},{"text":"claims","start":2151.27,"end":2151.67},{"text":"whole,","start":2151.67,"end":2152.07},{"text":"and","start":2152.07,"end":2152.55},{"text":"they","start":2152.63,"end":2152.79},{"text":"tried","start":2152.79,"end":2152.99},{"text":"to","start":2152.99,"end":2153.07},{"text":"discourage","start":2153.07,"end":2153.55},{"text":"use","start":2153.55,"end":2153.99},{"text":"by","start":2154.55,"end":2154.71},{"text":"sovereigns","start":2154.71,"end":2155.15},{"text":"that","start":2155.15,"end":2155.27},{"text":"are","start":2155.27,"end":2155.35},{"text":"heading","start":2155.35,"end":2155.59},{"text":"towards","start":2155.59,"end":2155.95},{"text":"restructuring.","start":2155.95,"end":2156.71}]},{"text":"Second, and this is the question we hear most often from investors and other stakeholders, is would using a pause clause count as a default?","start":2157.75,"end":2168.03,"topics":[{"key":"debt-sustainability","label":"Debt Sustainability","description":"Many statements focused on rising debt burdens, debt service pressures, and the need for faster, fairer debt restructuring and relief. 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Discussion also covered debt-for-development swaps, concessional finance, and debt pause clauses as tools to protect development spending."}],"words":[{"text":"We","start":2185.47,"end":2185.71},{"text":"reached","start":2185.71,"end":2185.87},{"text":"the","start":2185.87,"end":2185.95},{"text":"same","start":2185.95,"end":2186.19},{"text":"conclusion","start":2186.19,"end":2186.63},{"text":"with","start":2186.63,"end":2186.83},{"text":"climate-resilient","start":2186.83,"end":2187.95},{"text":"debt","start":2188.27,"end":2188.51},{"text":"clauses","start":2188.51,"end":2188.91},{"text":"in","start":2188.91,"end":2189.07},{"text":"2023.","start":2189.07,"end":2190.11}]},{"text":"And this stands in contrast to the G20 DSSI during the pandemic, where had private investors been, you know, had private creditors had their payments paused under the DSSI, we very likely would have deemed those as defaults.","start":2190.63,"end":2207.91,"topics":[{"key":"shock-responsive-finance","label":"Shock-Responsive Finance and Fiscal Space","description":"Delegates and panelists emphasized expanding fiscal space so countries can respond to climate and non-climate shocks without sacrificing long-term development investment. 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to be given priority in the order of 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far, As delegations speaking on behalf of groups, I have the European Union, Palau, and Fiji.","start":2414.35,"end":2423.19,"topics":[],"words":[{"text":"So","start":2414.35,"end":2414.55},{"text":"far,","start":2414.55,"end":2415.11},{"text":"As","start":2416.03,"end":2416.31},{"text":"delegations","start":2416.87,"end":2417.59},{"text":"speaking","start":2417.59,"end":2418.03},{"text":"on","start":2418.03,"end":2418.11},{"text":"behalf","start":2418.15,"end":2418.47},{"text":"of","start":2418.47,"end":2418.55},{"text":"groups,","start":2418.55,"end":2419.03},{"text":"I","start":2419.03,"end":2419.11},{"text":"have","start":2419.11,"end":2419.59},{"text":"the","start":2420.71,"end":2420.83},{"text":"European","start":2420.87,"end":2421.43},{"text":"Union,","start":2421.43,"end":2421.99},{"text":"Palau,","start":2422.07,"end":2422.47},{"text":"and","start":2422.51,"end":2422.63},{"text":"Fiji.","start":2422.63,"end":2423.19}]},{"text":"If there are other delegations speaking on behalf of groups, kindly let us know.","start":2423.19,"end":2427.75,"topics":[],"words":[{"text":"If","start":2423.19,"end":2423.27},{"text":"there","start":2423.27,"end":2423.47},{"text":"are","start":2423.47,"end":2423.67},{"text":"other","start":2423.75,"end":2424.15},{"text":"delegations","start":2424.23,"end":2424.91},{"text":"speaking","start":2424.91,"end":2425.19},{"text":"on","start":2425.19,"end":2425.27},{"text":"behalf","start":2425.27,"end":2425.55},{"text":"of","start":2425.63,"end":2425.71},{"text":"groups,","start":2425.71,"end":2426.07},{"text":"kindly","start":2426.31,"end":2426.95},{"text":"let","start":2426.95,"end":2427.15},{"text":"us","start":2427.23,"end":2427.35},{"text":"know.","start":2427.35,"end":2427.75}]},{"text":"So now I give the floor to the European Union, please.","start":2428.23,"end":2431.83,"topics":[],"words":[{"text":"So","start":2428.23,"end":2428.63},{"text":"now","start":2428.63,"end":2428.87},{"text":"I","start":2428.95,"end":2429.03},{"text":"give","start":2429.03,"end":2429.27},{"text":"the","start":2429.27,"end":2429.39},{"text":"floor","start":2429.39,"end":2429.67},{"text":"to","start":2429.67,"end":2429.83},{"text":"the","start":2429.83,"end":2429.95},{"text":"European","start":2430.55,"end":2431.03},{"text":"Union,","start":2431.03,"end":2431.39},{"text":"please.","start":2431.39,"end":2431.83}]}]}],"speaker":{"affiliation":"ECOSOC","group":null,"function":"Vice President","affiliation_full":"ECOSOC"}},{"statement_number":10,"start":2433.99,"pageUrl":"/ar/ga/c2/81/18?lang=en&t=40:34","paragraphs":[{"sentences":[{"text":"Thank you, Chair, and thank you to all the panelists.","start":2433.99,"end":2436.23,"topics":[],"words":[{"text":"Thank","start":2433.99,"end":2434.23},{"text":"you,","start":2434.23,"end":2434.31},{"text":"Chair,","start":2434.31,"end":2434.59},{"text":"and","start":2434.59,"end":2434.71},{"text":"thank","start":2434.71,"end":2434.87},{"text":"you","start":2434.87,"end":2434.95},{"text":"to","start":2434.95,"end":2435.15},{"text":"all","start":2435.15,"end":2435.35},{"text":"the","start":2435.35,"end":2435.43},{"text":"panelists.","start":2435.43,"end":2436.23}]},{"text":"I have the honor to deliver the statement on behalf of the European Union and its member states.","start":2436.23,"end":2439.59,"topics":[],"words":[{"text":"I","start":2436.23,"end":2436.31},{"text":"have","start":2436.31,"end":2436.47},{"text":"the","start":2436.47,"end":2436.59},{"text":"honor","start":2436.59,"end":2436.75},{"text":"to","start":2436.75,"end":2436.83},{"text":"deliver","start":2436.83,"end":2437.11},{"text":"the","start":2437.11,"end":2437.19},{"text":"statement","start":2437.19,"end":2437.63},{"text":"on","start":2437.63,"end":2437.71},{"text":"behalf","start":2437.71,"end":2437.91},{"text":"of","start":2437.91,"end":2437.99},{"text":"the","start":2437.99,"end":2438.07},{"text":"European","start":2438.07,"end":2438.47},{"text":"Union","start":2438.47,"end":2438.71},{"text":"and","start":2438.71,"end":2438.83},{"text":"its","start":2438.83,"end":2438.95},{"text":"member","start":2438.95,"end":2439.19},{"text":"states.","start":2439.19,"end":2439.59}]},{"text":"In line with this year's ECOSOC review, we strongly support the strengthened cooperation and coordination between ECOSOC and the Second Committee.","start":2440.19,"end":2445.95,"topics":[{"key":"financial-architecture-reform","label":"International Financial Architecture Reform","description":"Speakers called for reforms to the global financial system so it better reflects the needs of developing countries, especially vulnerable and middle-income states. This included changes to concessional eligibility, the use of multidimensional vulnerability measures, stronger representation in IFIs, and more development-oriented credit rating practices."}],"words":[{"text":"In","start":2440.19,"end":2440.31},{"text":"line","start":2440.31,"end":2440.51},{"text":"with","start":2440.51,"end":2440.63},{"text":"this","start":2440.63,"end":2440.75},{"text":"year's","start":2440.75,"end":2441.03},{"text":"ECOSOC","start":2441.03,"end":2441.31},{"text":"review,","start":2441.31,"end":2441.63},{"text":"we","start":2441.63,"end":2441.75},{"text":"strongly","start":2441.75,"end":2442.11},{"text":"support","start":2442.11,"end":2442.47},{"text":"the","start":2442.47,"end":2442.55},{"text":"strengthened","start":2442.55,"end":2442.95},{"text":"cooperation","start":2442.95,"end":2443.43},{"text":"and","start":2443.43,"end":2443.55},{"text":"coordination","start":2443.55,"end":2444.11},{"text":"between","start":2444.11,"end":2444.39},{"text":"ECOSOC","start":2444.39,"end":2444.83},{"text":"and","start":2444.91,"end":2445.07},{"text":"the","start":2445.07,"end":2445.15},{"text":"Second","start":2445.15,"end":2445.39},{"text":"Committee.","start":2445.39,"end":2445.95}]},{"text":"A year before the last SDG Summit until 2030, this meeting provides a unique opportunity to explore concrete and innovative measures in closing the financing gap and accelerating SDG action.","start":2446.59,"end":2456.27,"topics":[{"key":"sdg-financing-gap","label":"SDG Financing Gap","description":"A central theme was the multi-trillion-dollar shortfall in resources needed to achieve the 2030 Agenda. Speakers stressed turning the Sevilla Commitment into practical action and better aligning finance with sustainable development goals."}],"words":[{"text":"A","start":2446.59,"end":2446.63},{"text":"year","start":2446.63,"end":2446.83},{"text":"before","start":2446.83,"end":2447.07},{"text":"the","start":2447.07,"end":2447.15},{"text":"last","start":2447.15,"end":2447.39},{"text":"SDG","start":2447.39,"end":2447.79},{"text":"Summit","start":2447.79,"end":2448.11},{"text":"until","start":2448.11,"end":2448.35},{"text":"2030,","start":2448.35,"end":2448.95},{"text":"this","start":2449.23,"end":2449.47},{"text":"meeting","start":2449.47,"end":2449.79},{"text":"provides","start":2449.79,"end":2450.15},{"text":"a","start":2450.15,"end":2450.19},{"text":"unique","start":2450.19,"end":2450.47},{"text":"opportunity","start":2450.47,"end":2451.15},{"text":"to","start":2451.15,"end":2451.27},{"text":"explore","start":2451.27,"end":2451.63},{"text":"concrete","start":2451.63,"end":2452.19},{"text":"and","start":2452.43,"end":2452.59},{"text":"innovative","start":2452.59,"end":2452.99},{"text":"measures","start":2452.99,"end":2453.39},{"text":"in","start":2453.39,"end":2453.51},{"text":"closing","start":2453.51,"end":2453.87},{"text":"the","start":2453.87,"end":2453.95},{"text":"financing","start":2453.95,"end":2454.43},{"text":"gap","start":2454.43,"end":2454.67},{"text":"and","start":2454.75,"end":2454.95},{"text":"accelerating","start":2454.95,"end":2455.55},{"text":"SDG","start":2455.55,"end":2455.87},{"text":"action.","start":2455.87,"end":2456.27}]},{"text":"We need more than political commitments, we need action and solutions.","start":2456.91,"end":2459.79,"topics":[{"key":"sdg-financing-gap","label":"SDG Financing Gap","description":"A central theme was the multi-trillion-dollar shortfall in resources needed to achieve the 2030 Agenda. Speakers stressed turning the Sevilla Commitment into practical action and better aligning finance with sustainable development goals."}],"words":[{"text":"We","start":2456.91,"end":2457.03},{"text":"need","start":2457.03,"end":2457.19},{"text":"more","start":2457.19,"end":2457.35},{"text":"than","start":2457.35,"end":2457.47},{"text":"political","start":2457.47,"end":2457.87},{"text":"commitments,","start":2457.87,"end":2458.51},{"text":"we","start":2458.51,"end":2458.67},{"text":"need","start":2458.67,"end":2458.83},{"text":"action","start":2458.83,"end":2459.11},{"text":"and","start":2459.11,"end":2459.23},{"text":"solutions.","start":2459.23,"end":2459.79}]},{"text":"Respecting governments' primary responsibility to mobilize funding and cater for reliable governance structures to accompany the process remains essential to achieving sustainable development.","start":2460.35,"end":2469.63,"topics":[{"key":"sdg-financing-gap","label":"SDG Financing Gap","description":"A central theme was the multi-trillion-dollar shortfall in resources needed to achieve the 2030 Agenda. 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Examples included blended finance, green bonds, catalytic finance, public-private partnerships, and risk-reduction instruments for sustainable infrastructure and development."}],"words":[{"text":"Integrated","start":2470.15,"end":2470.71},{"text":"national","start":2470.71,"end":2471.03},{"text":"financing","start":2471.03,"end":2471.47},{"text":"frameworks","start":2471.47,"end":2472.07},{"text":"have","start":2472.07,"end":2472.23},{"text":"proven","start":2472.23,"end":2472.51},{"text":"important","start":2472.51,"end":2472.99},{"text":"tools","start":2472.99,"end":2473.27},{"text":"to","start":2473.27,"end":2473.39},{"text":"improve","start":2473.39,"end":2473.75},{"text":"additional","start":2473.75,"end":2474.23},{"text":"mobilization","start":2474.23,"end":2474.83},{"text":"of","start":2474.83,"end":2474.91},{"text":"funds","start":2474.91,"end":2475.27},{"text":"from","start":2475.43,"end":2475.67},{"text":"innovative","start":2475.67,"end":2476.07},{"text":"sources.","start":2476.07,"end":2476.63}]},{"text":"In complement, the EU and its member states remain the primary donor, providing almost half of the global community's total ODA.","start":2477.11,"end":2482.43,"topics":[],"words":[{"text":"In","start":2477.11,"end":2477.19},{"text":"complement,","start":2477.19,"end":2477.63},{"text":"the","start":2477.63,"end":2477.71},{"text":"EU","start":2477.71,"end":2477.83},{"text":"and","start":2477.83,"end":2477.95},{"text":"its","start":2477.95,"end":2478.07},{"text":"member","start":2478.07,"end":2478.31},{"text":"states","start":2478.31,"end":2478.63},{"text":"remain","start":2478.63,"end":2478.83},{"text":"the","start":2478.83,"end":2478.91},{"text":"primary","start":2478.91,"end":2479.27},{"text":"donor,","start":2479.27,"end":2479.75},{"text":"providing","start":2479.99,"end":2480.39},{"text":"almost","start":2480.39,"end":2480.71},{"text":"half","start":2480.71,"end":2480.83},{"text":"of","start":2480.83,"end":2480.95},{"text":"the","start":2480.95,"end":2481.07},{"text":"global","start":2481.07,"end":2481.35},{"text":"community's","start":2481.35,"end":2481.99},{"text":"total","start":2481.99,"end":2482.27},{"text":"ODA.","start":2482.27,"end":2482.43}]},{"text":"However, as we confirmed in Seville last year, more practical and innovative financing solutions are needed to close the gap.","start":2483.11,"end":2489.67,"topics":[{"key":"sdg-financing-gap","label":"SDG Financing Gap","description":"A central theme was the multi-trillion-dollar shortfall in resources needed to achieve the 2030 Agenda. 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Discussion also covered debt-for-development swaps, concessional finance, and debt pause clauses as tools to protect development spending."}],"words":[{"text":"Second,","start":2877.83,"end":2878.55},{"text":"debt.","start":2878.71,"end":2879.19}]},{"text":"Several of our members carry debt that is unsustainable on any reasonable projection, largely because the costs of climate disasters are financed through borrowing.","start":2880.11,"end":2889.39,"topics":[{"key":"debt-sustainability","label":"Debt Sustainability","description":"Many statements focused on rising debt burdens, debt service pressures, and the need for faster, fairer debt restructuring and relief. 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Pre-arranged finance, contingency instruments, insurance, and automatic debt service suspension were highlighted as key mechanisms."}],"words":[{"text":"Several","start":2880.11,"end":2880.63},{"text":"of","start":2880.63,"end":2880.75},{"text":"our","start":2880.75,"end":2880.83},{"text":"members","start":2880.83,"end":2881.23},{"text":"carry","start":2881.23,"end":2881.55},{"text":"debt","start":2881.55,"end":2881.83},{"text":"that","start":2881.83,"end":2882.03},{"text":"is","start":2882.03,"end":2882.27},{"text":"unsustainable","start":2882.27,"end":2883.15},{"text":"on","start":2883.15,"end":2883.39},{"text":"any","start":2883.39,"end":2883.79},{"text":"reasonable","start":2883.79,"end":2884.31},{"text":"projection,","start":2884.31,"end":2884.99},{"text":"largely","start":2885.39,"end":2885.95},{"text":"because","start":2885.95,"end":2886.39},{"text":"the","start":2886.39,"end":2886.51},{"text":"costs","start":2886.51,"end":2886.83},{"text":"of","start":2886.83,"end":2886.99},{"text":"climate","start":2886.99,"end":2887.35},{"text":"disasters","start":2887.35,"end":2887.95},{"text":"are","start":2887.95,"end":2888.03},{"text":"financed","start":2888.03,"end":2888.63},{"text":"through","start":2888.63,"end":2888.75},{"text":"borrowing.","start":2888.75,"end":2889.39}]},{"text":"Climate-resilient debt clauses should be standard in all new lending to SIDS.","start":2890.67,"end":2895.15,"topics":[{"key":"debt-sustainability","label":"Debt Sustainability","description":"Many statements focused on rising debt burdens, debt service pressures, and the need for faster, fairer debt restructuring and relief. 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Examples included blended finance, green bonds, catalytic finance, public-private partnerships, and risk-reduction instruments for sustainable infrastructure and development."}],"words":[{"text":"We","start":2946.87,"end":2947.11},{"text":"invite","start":2947.11,"end":2947.51},{"text":"member","start":2947.51,"end":2947.83},{"text":"states,","start":2947.83,"end":2948.31},{"text":"multilateral","start":2948.31,"end":2949.07},{"text":"development","start":2949.07,"end":2949.55},{"text":"banks,","start":2949.55,"end":2949.87},{"text":"and","start":2949.87,"end":2950.03},{"text":"climate","start":2950.03,"end":2950.43},{"text":"finance","start":2950.43,"end":2950.87},{"text":"to","start":2950.87,"end":2950.99},{"text":"capitalize","start":2950.99,"end":2951.63},{"text":"the","start":2951.63,"end":2951.75},{"text":"facility,","start":2951.75,"end":2952.47},{"text":"and","start":2952.95,"end":2953.19},{"text":"we","start":2953.19,"end":2953.27},{"text":"invite","start":2953.27,"end":2953.55},{"text":"the","start":2953.55,"end":2953.63},{"text":"United","start":2953.63,"end":2954.03},{"text":"Nations","start":2954.03,"end":2954.39},{"text":"system","start":2954.39,"end":2954.79},{"text":"to","start":2954.79,"end":2954.91},{"text":"treat","start":2954.91,"end":2955.35},{"text":"it","start":2955.35,"end":2955.59},{"text":"as","start":2955.59,"end":2955.83},{"text":"a","start":2955.91,"end":2955.95},{"text":"channel","start":2955.95,"end":2956.39},{"text":"of","start":2956.39,"end":2956.55},{"text":"choice","start":2956.55,"end":2957.03},{"text":"for","start":2957.43,"end":2957.59},{"text":"Pacific","start":2957.59,"end":2958.07},{"text":"delivery.","start":2958.07,"end":2958.71}]},{"text":"Co-chairs, the Pacific is not asking for new commitments.","start":2959.39,"end":2963.19,"topics":[],"words":[{"text":"Co-chairs,","start":2959.39,"end":2960.23},{"text":"the","start":2960.71,"end":2960.79},{"text":"Pacific","start":2960.79,"end":2961.27},{"text":"is","start":2961.27,"end":2961.43},{"text":"not","start":2961.43,"end":2961.75},{"text":"asking","start":2961.75,"end":2962.15},{"text":"for","start":2962.15,"end":2962.27},{"text":"new","start":2962.27,"end":2962.47},{"text":"commitments.","start":2962.47,"end":2963.19}]},{"text":"We are asking that existing ones reach the ground.","start":2963.59,"end":2966.83,"topics":[],"words":[{"text":"We","start":2963.59,"end":2963.91},{"text":"are","start":2963.99,"end":2964.07},{"text":"asking","start":2964.07,"end":2964.63},{"text":"that","start":2964.63,"end":2964.95},{"text":"existing","start":2964.95,"end":2965.43},{"text":"ones","start":2965.43,"end":2965.83},{"text":"reach","start":2965.83,"end":2966.23},{"text":"the","start":2966.23,"end":2966.31},{"text":"ground.","start":2966.31,"end":2966.83}]},{"text":"Reform the XES, protect the dead space, and fund the facility that is already built.","start":2967.63,"end":2973.15,"topics":[],"words":[{"text":"Reform","start":2967.63,"end":2968.11},{"text":"the","start":2968.11,"end":2968.23},{"text":"XES,","start":2968.23,"end":2968.91},{"text":"protect","start":2968.91,"end":2969.35},{"text":"the","start":2969.35,"end":2969.43},{"text":"dead","start":2969.43,"end":2969.67},{"text":"space,","start":2969.67,"end":2970.27},{"text":"and","start":2970.35,"end":2970.59},{"text":"fund","start":2970.59,"end":2970.91},{"text":"the","start":2970.91,"end":2970.99},{"text":"facility","start":2970.99,"end":2971.71},{"text":"that","start":2972.03,"end":2972.23},{"text":"is","start":2972.23,"end":2972.35},{"text":"already","start":2972.35,"end":2972.75},{"text":"built.","start":2972.75,"end":2973.15}]},{"text":"That is how the gap closes for the Pacific.","start":2973.63,"end":2976.27,"topics":[{"key":"sdg-financing-gap","label":"SDG Financing Gap","description":"A central theme was the multi-trillion-dollar shortfall in resources needed to achieve the 2030 Agenda. Speakers stressed turning the Sevilla Commitment into practical action and better aligning finance with sustainable development goals."}],"words":[{"text":"That","start":2973.63,"end":2973.87},{"text":"is","start":2973.87,"end":2973.99},{"text":"how","start":2973.99,"end":2974.11},{"text":"the","start":2974.11,"end":2974.27},{"text":"gap","start":2974.27,"end":2974.55},{"text":"closes","start":2974.55,"end":2975.15},{"text":"for","start":2975.47,"end":2975.63},{"text":"the","start":2975.63,"end":2975.71},{"text":"Pacific.","start":2975.71,"end":2976.27}]},{"text":"I thank you.","start":2976.67,"end":2977.23,"topics":[],"words":[{"text":"I","start":2976.67,"end":2976.83},{"text":"thank","start":2976.83,"end":2977.15},{"text":"you.","start":2977.15,"end":2977.23}]}]}],"speaker":{"affiliation":"FJI","group":"Pacific Small Island Developing States","function":null,"affiliation_full":"Fiji"}},{"statement_number":15,"start":2979.35,"pageUrl":"/ar/ga/c2/81/18?lang=en&t=49:40","paragraphs":[{"sentences":[{"text":"Thank you, Fiji. Now I will give the floor to the UK, followed by Portugal.","start":2979.35,"end":2984.83,"topics":[],"words":[{"text":"Thank","start":2979.35,"end":2979.55},{"text":"you,","start":2979.55,"end":2979.63},{"text":"Fiji.","start":2979.63,"end":2980.27},{"text":"Now","start":2980.91,"end":2981.15},{"text":"I","start":2981.23,"end":2981.39},{"text":"will","start":2981.39,"end":2981.79},{"text":"give","start":2981.79,"end":2982.03},{"text":"the","start":2982.03,"end":2982.19},{"text":"floor","start":2982.19,"end":2982.43},{"text":"to","start":2982.43,"end":2982.55},{"text":"the","start":2982.55,"end":2982.67},{"text":"UK,","start":2982.75,"end":2983.47},{"text":"followed","start":2983.47,"end":2983.95},{"text":"by","start":2983.95,"end":2984.19},{"text":"Portugal.","start":2984.19,"end":2984.83}]},{"text":"UK, please.","start":2985.15,"end":2986.11,"topics":[],"words":[{"text":"UK,","start":2985.15,"end":2985.55},{"text":"please.","start":2985.55,"end":2986.11}]}]}],"speaker":{"affiliation":"ECOSOC","group":null,"function":"Vice President","affiliation_full":"ECOSOC"}},{"statement_number":16,"start":2991.55,"pageUrl":"/ar/ga/c2/81/18?lang=en&t=49:52","paragraphs":[{"sentences":[{"text":"And thank you to the panel for a rich discussion.","start":2991.55,"end":2994.51,"topics":[],"words":[{"text":"And","start":2991.55,"end":2992.03},{"text":"thank","start":2992.03,"end":2992.27},{"text":"you","start":2992.27,"end":2992.35},{"text":"to","start":2992.35,"end":2992.51},{"text":"the","start":2992.51,"end":2992.59},{"text":"panel","start":2992.59,"end":2992.91},{"text":"for","start":2992.91,"end":2993.47},{"text":"a","start":2993.47,"end":2993.51},{"text":"rich","start":2993.51,"end":2993.71},{"text":"discussion.","start":2993.71,"end":2994.51}]},{"text":"Many countries continue to face difficult combination of rising debt burdens and constrained fiscal space, as well as increasingly frequent shocks of various types.","start":2995.07,"end":3005.15,"topics":[{"key":"debt-sustainability","label":"Debt Sustainability","description":"Many statements focused on rising debt burdens, debt service pressures, and the need for faster, fairer debt restructuring and relief. 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Seville document commitment gave us the blueprint.","start":3173.95,"end":3177.55,"topics":[],"words":[{"text":"The","start":3173.95,"end":3174.11},{"text":"Seville","start":3174.11,"end":3174.59},{"text":"document","start":3174.59,"end":3175.39},{"text":"commitment","start":3175.63,"end":3176.27},{"text":"gave","start":3176.27,"end":3176.51},{"text":"us","start":3176.51,"end":3176.67},{"text":"the","start":3176.67,"end":3176.83},{"text":"blueprint.","start":3176.83,"end":3177.55}]},{"text":"Now we must deliver results, and we would like to highlight three points from our 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economy.","start":3738.31,"end":3740.19,"topics":[],"words":[{"text":"There's","start":3738.31,"end":3738.55},{"text":"instability","start":3738.55,"end":3739.03},{"text":"in","start":3739.03,"end":3739.11},{"text":"the","start":3739.11,"end":3739.19},{"text":"global","start":3739.19,"end":3739.51},{"text":"economy.","start":3739.51,"end":3740.19}]},{"text":"The role of developing countries is increasing.","start":3740.59,"end":3744.43,"topics":[],"words":[{"text":"The","start":3740.59,"end":3740.83},{"text":"role","start":3740.83,"end":3741.23},{"text":"of","start":3741.43,"end":3741.55},{"text":"developing","start":3741.63,"end":3742.27},{"text":"countries","start":3742.43,"end":3743.15},{"text":"is","start":3743.39,"end":3743.71},{"text":"increasing.","start":3743.71,"end":3744.43}]},{"text":"This prompts the need to reform the international financial architecture.","start":3744.67,"end":3748.27,"topics":[{"key":"financial-architecture-reform","label":"International Financial 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This included changes to concessional eligibility, the use of multidimensional vulnerability measures, stronger representation in IFIs, and more development-oriented credit rating practices."}],"words":[{"text":"share","start":3841.11,"end":3841.27},{"text":"distinguished","start":3841.27,"end":3841.91},{"text":"delegates","start":3841.91,"end":3842.47},{"text":"Thailand","start":3842.47,"end":3842.87},{"text":"supports","start":3842.87,"end":3843.27},{"text":"this","start":3843.27,"end":3843.59},{"text":"platform","start":3843.59,"end":3844.07},{"text":"as","start":3844.07,"end":3844.31},{"text":"a","start":3844.31,"end":3844.35},{"text":"strategic","start":3844.35,"end":3844.95},{"text":"space","start":3844.95,"end":3845.31},{"text":"where","start":3845.31,"end":3845.47},{"text":"the","start":3845.47,"end":3845.55},{"text":"UN","start":3845.55,"end":3845.99},{"text":"and","start":3845.99,"end":3846.15},{"text":"member","start":3846.15,"end":3846.47},{"text":"states","start":3846.47,"end":3846.79},{"text":"can","start":3846.79,"end":3847.03},{"text":"forge","start":3847.03,"end":3847.27},{"text":"policy","start":3847.27,"end":3847.67},{"text":"coherence","start":3847.67,"end":3848.31},{"text":"and","start":3848.55,"end":3848.75},{"text":"advance","start":3848.75,"end":3849.07},{"text":"actionable","start":3849.07,"end":3849.51},{"text":"SDG","start":3849.51,"end":3849.99},{"text":"financing","start":3849.99,"end":3850.47},{"text":"Solutions","start":3850.47,"end":3851.11},{"text":"this","start":3851.35,"end":3851.59},{"text":"allies","start":3851.59,"end":3851.99},{"text":"with","start":3851.99,"end":3852.15},{"text":"ecosoc's","start":3852.15,"end":3852.55},{"text":"long-standing","start":3852.55,"end":3853.35},{"text":"role","start":3853.35,"end":3853.59},{"text":"particularly","start":3853.59,"end":3854.23},{"text":"through","start":3854.23,"end":3854.47},{"text":"the","start":3854.47,"end":3854.55},{"text":"ecosoc","start":3854.55,"end":3855.03},{"text":"FFD","start":3855.03,"end":3855.51},{"text":"Forum","start":3855.51,"end":3855.99},{"text":"DCF","start":3856.15,"end":3856.87},{"text":"and","start":3857.03,"end":3857.23},{"text":"the","start":3857.23,"end":3857.31},{"text":"2026","start":3857.31,"end":3858.27},{"text":"special","start":3858.27,"end":3858.63},{"text":"meetings","start":3858.63,"end":3859.03},{"text":"on","start":3859.03,"end":3859.19},{"text":"financial","start":3859.19,"end":3859.63},{"text":"Integrity","start":3859.63,"end":3860.23},{"text":"and","start":3860.23,"end":3860.39},{"text":"credit","start":3860.39,"end":3860.71},{"text":"ratings","start":3860.71,"end":3861.27},{"text":"today","start":3861.59,"end":3862.07},{"text":"developing","start":3862.31,"end":3862.79},{"text":"Nations","start":3862.79,"end":3863.19},{"text":"face","start":3863.19,"end":3863.43},{"text":"mounting","start":3863.43,"end":3863.83},{"text":"financing","start":3863.83,"end":3864.31},{"text":"constraints","start":3864.31,"end":3864.95},{"text":"high","start":3865.11,"end":3865.27},{"text":"borrowing","start":3865.27,"end":3865.67},{"text":"cost","start":3865.67,"end":3866.07},{"text":"and","start":3866.07,"end":3866.27},{"text":"a","start":3866.27,"end":3866.31},{"text":"continued","start":3866.31,"end":3866.87},{"text":"decline","start":3866.87,"end":3867.23},{"text":"of","start":3867.23,"end":3867.35},{"text":"ODA","start":3867.35,"end":3867.83},{"text":"these","start":3868.31,"end":3868.55},{"text":"challenges","start":3868.55,"end":3869.03},{"text":"call","start":3869.03,"end":3869.27},{"text":"for","start":3869.27,"end":3869.43},{"text":"Innovative","start":3869.43,"end":3869.87},{"text":"financing","start":3869.87,"end":3870.31},{"text":"Solutions","start":3870.31,"end":3870.91},{"text":"to","start":3871.11,"end":3871.27},{"text":"bridge","start":3871.27,"end":3871.51},{"text":"the","start":3871.51,"end":3871.59},{"text":"SDG","start":3871.59,"end":3872.15},{"text":"gap","start":3872.15,"end":3872.39},{"text":"and","start":3872.39,"end":3872.59},{"text":"accelerate","start":3872.59,"end":3873.11},{"text":"our","start":3873.11,"end":3873.19},{"text":"progress.","start":3873.19,"end":3873.83}]},{"text":"Drawing on Thailand's recent hosting of the 2026 IMF World Bank Group Annual Meetings, where digital transformation and climate resilience will feature among the key agenda items, we wish to highlight two approaches to innovative financing that can deliver on the ground.","start":3874.07,"end":3887.75,"topics":[{"key":"digital-transformation","label":"Digital Transformation","description":"Digital infrastructure, inclusive digital finance, and connectivity were presented as essential enablers of sustainable development across sectors. 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Examples included blended finance, green bonds, catalytic finance, public-private partnerships, and risk-reduction instruments for sustainable infrastructure and development."}],"words":[{"text":"Second,","start":3931.71,"end":3931.87},{"text":"we","start":3932.03,"end":3932.19},{"text":"must","start":3932.19,"end":3932.43},{"text":"catalyze","start":3932.43,"end":3933.07},{"text":"green","start":3933.07,"end":3933.55},{"text":"and","start":3933.55,"end":3933.71},{"text":"sustainable","start":3933.71,"end":3934.27},{"text":"finance.","start":3934.27,"end":3934.83}]},{"text":"Development financing must address existential challenges like climate change.","start":3935.07,"end":3939.15,"topics":[{"key":"sdg-financing-gap","label":"SDG Financing Gap","description":"A central theme was the multi-trillion-dollar shortfall in resources needed to achieve the 2030 Agenda. 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Examples included blended finance, green bonds, catalytic finance, public-private partnerships, and risk-reduction instruments for sustainable infrastructure and development."}],"words":[{"text":"This","start":3956.99,"end":3957.23},{"text":"latest","start":3957.23,"end":3957.67},{"text":"issuance","start":3957.67,"end":3958.15},{"text":"is","start":3958.15,"end":3958.27},{"text":"directly","start":3958.27,"end":3958.75},{"text":"tied","start":3958.75,"end":3958.95},{"text":"to","start":3958.95,"end":3959.07},{"text":"key","start":3959.07,"end":3959.31},{"text":"performance","start":3959.31,"end":3959.71},{"text":"indicators","start":3959.71,"end":3960.35},{"text":"on","start":3960.51,"end":3960.63},{"text":"reducing","start":3960.63,"end":3961.11},{"text":"carbon","start":3961.11,"end":3961.51},{"text":"emissions","start":3961.59,"end":3962.03},{"text":"and","start":3962.03,"end":3962.15},{"text":"expanding","start":3962.15,"end":3962.67},{"text":"biodiversity","start":3962.67,"end":3963.31},{"text":"conservation","start":3963.31,"end":3963.95},{"text":"areas.","start":3963.95,"end":3964.43}]},{"text":"In closing, the road to 2030 requires inclusive multi-stakeholder collaboration that truly reflects the voices of developing countries.","start":3964.67,"end":3973.23,"topics":[],"words":[{"text":"In","start":3964.67,"end":3964.79},{"text":"closing,","start":3964.79,"end":3965.39},{"text":"the","start":3965.55,"end":3965.63},{"text":"road","start":3965.63,"end":3966.35},{"text":"to","start":3966.91,"end":3967.07},{"text":"2030","start":3967.07,"end":3967.67},{"text":"requires","start":3967.67,"end":3968.19},{"text":"inclusive","start":3968.19,"end":3968.75},{"text":"multi-stakeholder","start":3968.75,"end":3969.67},{"text":"collaboration","start":3969.67,"end":3970.51},{"text":"that","start":3970.67,"end":3970.91},{"text":"truly","start":3970.91,"end":3971.23},{"text":"reflects","start":3971.23,"end":3971.59},{"text":"the","start":3971.59,"end":3971.75},{"text":"voices","start":3971.75,"end":3972.11},{"text":"of","start":3972.11,"end":3972.19},{"text":"developing","start":3972.19,"end":3972.67},{"text":"countries.","start":3972.67,"end":3973.23}]},{"text":"We urge multilateral development banks and international financial institutions to leverage their expertise and resources to proactively advance safe digital finance and sustainable green finance.","start":3973.39,"end":3983.87,"topics":[{"key":"digital-transformation","label":"Digital Transformation","description":"Digital infrastructure, inclusive digital finance, and connectivity were presented as essential enablers of sustainable development across sectors. 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Pre-arranged finance, contingency instruments, insurance, and automatic debt service suspension were highlighted as key mechanisms."},{"key":"private-capital-mobilization","label":"Private Capital Mobilization","description":"A recurring topic was how public finance can be used more strategically to crowd in much larger flows of private investment. Examples included blended finance, green bonds, catalytic finance, public-private partnerships, and risk-reduction instruments for sustainable infrastructure and development."}],"words":[{"text":"Firstly,","start":4118.87,"end":4119.43},{"text":"how","start":4119.43,"end":4119.67},{"text":"can","start":4119.67,"end":4120.15},{"text":"governments,","start":4120.63,"end":4121.59},{"text":"through","start":4121.75,"end":4122.07},{"text":"alliances","start":4122.07,"end":4122.79},{"text":"and","start":4122.79,"end":4122.91},{"text":"partnerships","start":4122.91,"end":4123.35},{"text":"with","start":4123.35,"end":4123.47},{"text":"the","start":4123.47,"end":4123.55},{"text":"private","start":4123.55,"end":4123.91},{"text":"sector,","start":4123.91,"end":4124.47},{"text":"strengthen","start":4124.47,"end":4125.27},{"text":"their","start":4125.27,"end":4125.47},{"text":"financial","start":4125.47,"end":4125.99},{"text":"resilience","start":4125.99,"end":4126.79},{"text":"in","start":4126.79,"end":4126.95},{"text":"the","start":4126.95,"end":4127.03},{"text":"face","start":4127.03,"end":4127.43},{"text":"of","start":4127.47,"end":4127.59},{"text":"major","start":4127.83,"end":4128.31},{"text":"external","start":4128.31,"end":4128.75},{"text":"shocks,","start":4128.87,"end":4129.15},{"text":"such","start":4129.15,"end":4129.35},{"text":"as","start":4129.35,"end":4129.59},{"text":"the","start":4129.59,"end":4129.67},{"text":"El","start":4130.15,"end":4130.35},{"text":"Nino","start":4130.35,"end":4130.71},{"text":"phenomenon,","start":4130.71,"end":4131.35},{"text":"without","start":4131.59,"end":4132.23},{"text":"compromising","start":4132.39,"end":4133.27},{"text":"their","start":4133.27,"end":4133.43},{"text":"commitments","start":4133.43,"end":4134.03},{"text":"to","start":4134.03,"end":4134.11},{"text":"sustainable","start":4134.11,"end":4134.71},{"text":"development?","start":4134.71,"end":4135.23}]},{"text":"The second question, how can the international financial architecture support these efforts through timely financing instruments that are also accessible and predictable?","start":4135.23,"end":4147.11,"topics":[{"key":"financial-architecture-reform","label":"International Financial Architecture Reform","description":"Speakers called for reforms to the global financial system so it better reflects the needs of developing countries, especially vulnerable and middle-income states. 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The floor to Armenia, followed by Croatia and Timor-Leste.","start":4147.91,"end":4152.75,"topics":[],"words":[{"text":"Thank","start":4147.91,"end":4148.15},{"text":"you,","start":4148.15,"end":4148.23},{"text":"Peru.","start":4148.55,"end":4149.03},{"text":"The","start":4149.27,"end":4149.43},{"text":"floor","start":4149.83,"end":4150.07},{"text":"to","start":4150.07,"end":4150.23},{"text":"Armenia,","start":4150.31,"end":4150.87},{"text":"followed","start":4150.87,"end":4151.19},{"text":"by","start":4151.19,"end":4151.35},{"text":"Croatia","start":4151.35,"end":4151.95},{"text":"and","start":4151.95,"end":4152.15},{"text":"Timor-Leste.","start":4152.15,"end":4152.75}]},{"text":"Armenia, you have the floor, please.","start":4152.79,"end":4154.35,"topics":[],"words":[{"text":"Armenia,","start":4152.79,"end":4153.27},{"text":"you","start":4153.27,"end":4153.43},{"text":"have","start":4153.43,"end":4153.67},{"text":"the","start":4153.67,"end":4153.75},{"text":"floor,","start":4153.75,"end":4154.07},{"text":"please.","start":4154.07,"end":4154.35}]}]}],"speaker":{"affiliation":"ECOSOC","group":null,"function":"Vice President","affiliation_full":"ECOSOC"}},{"statement_number":30,"start":4156.51,"pageUrl":"/ar/ga/c2/81/18?lang=en&t=1:09:17","paragraphs":[{"sentences":[{"text":"Thank you, Chair.","start":4156.51,"end":4157.27,"topics":[],"words":[{"text":"Thank","start":4156.51,"end":4156.79},{"text":"you,","start":4156.79,"end":4156.87},{"text":"Chair.","start":4156.87,"end":4157.27}]},{"text":"Armenia welcomes the convening of this joint meeting and its focus on innovative approaches to closing the financing gap for the SDGs.","start":4157.75,"end":4164.95,"topics":[{"key":"sdg-financing-gap","label":"SDG Financing Gap","description":"A central theme was the multi-trillion-dollar shortfall in resources needed to achieve the 2030 Agenda. Speakers stressed turning the Sevilla Commitment into practical action and better aligning finance with sustainable development goals."}],"words":[{"text":"Armenia","start":4157.75,"end":4158.19},{"text":"welcomes","start":4158.19,"end":4158.59},{"text":"the","start":4158.59,"end":4158.71},{"text":"convening","start":4158.71,"end":4159.19},{"text":"of","start":4159.19,"end":4159.35},{"text":"this","start":4159.35,"end":4159.51},{"text":"joint","start":4159.51,"end":4159.91},{"text":"meeting","start":4159.91,"end":4160.31},{"text":"and","start":4160.31,"end":4160.51},{"text":"its","start":4160.51,"end":4160.67},{"text":"focus","start":4160.67,"end":4161.11},{"text":"on","start":4161.11,"end":4161.23},{"text":"innovative","start":4161.23,"end":4161.75},{"text":"approaches","start":4161.75,"end":4162.39},{"text":"to","start":4162.39,"end":4162.55},{"text":"closing","start":4162.55,"end":4163.03},{"text":"the","start":4163.03,"end":4163.11},{"text":"financing","start":4163.11,"end":4163.67},{"text":"gap","start":4163.67,"end":4163.83},{"text":"for","start":4163.83,"end":4164.07},{"text":"the","start":4164.07,"end":4164.19},{"text":"SDGs.","start":4164.19,"end":4164.95}]},{"text":"Having had the privilege of serving as a Vice President of ECOSOC during the 2025-26 session, Armenia remains committed to advancing the Council's contribution to sustainable development.","start":4165.43,"end":4177.11,"topics":[],"words":[{"text":"Having","start":4165.43,"end":4165.75},{"text":"had","start":4165.75,"end":4165.95},{"text":"the","start":4165.95,"end":4166.07},{"text":"privilege","start":4166.07,"end":4166.55},{"text":"of","start":4166.55,"end":4166.63},{"text":"serving","start":4166.63,"end":4167.19},{"text":"as","start":4167.19,"end":4167.31},{"text":"a","start":4167.31,"end":4167.35},{"text":"Vice","start":4167.35,"end":4167.67},{"text":"President","start":4167.67,"end":4168.23},{"text":"of","start":4168.23,"end":4168.39},{"text":"ECOSOC","start":4168.39,"end":4168.91},{"text":"during","start":4168.91,"end":4169.19},{"text":"the","start":4169.19,"end":4169.31},{"text":"2025-26","start":4169.31,"end":4171.43},{"text":"session,","start":4171.51,"end":4172.07},{"text":"Armenia","start":4172.39,"end":4172.79},{"text":"remains","start":4172.79,"end":4173.19},{"text":"committed","start":4173.19,"end":4173.63},{"text":"to","start":4173.63,"end":4173.79},{"text":"advancing","start":4173.79,"end":4174.31},{"text":"the","start":4174.31,"end":4174.39},{"text":"Council's","start":4174.39,"end":4174.95},{"text":"contribution","start":4174.95,"end":4175.59},{"text":"to","start":4175.59,"end":4175.75},{"text":"sustainable","start":4175.75,"end":4176.39},{"text":"development.","start":4176.39,"end":4177.11}]},{"text":"In this context, we welcome the adoption of General Assembly resolution 80/293A on strengthening ECOSOC and underline the importance of enhancing the Council's coordinating role, including through closer cooperation with international financial institutions and other development partners.","start":4177.59,"end":4194.63,"topics":[{"key":"financial-architecture-reform","label":"International Financial Architecture Reform","description":"Speakers called for reforms to the global financial system so it better reflects the needs of developing countries, especially vulnerable and middle-income states. 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Pre-arranged finance, contingency instruments, insurance, and automatic debt service suspension were highlighted as key mechanisms."}],"words":[{"text":"First,","start":4291.43,"end":4291.91},{"text":"local","start":4292.23,"end":4292.63},{"text":"currency","start":4292.63,"end":4293.07},{"text":"lending","start":4293.07,"end":4293.43},{"text":"and","start":4293.43,"end":4293.63},{"text":"risk","start":4293.63,"end":4293.83},{"text":"mitigation.","start":4293.83,"end":4294.47}]},{"text":"Foreign exchange risk remains a primary cause of financial vulnerability in developing countries.","start":4294.47,"end":4299.19,"topics":[{"key":"financial-architecture-reform","label":"International Financial Architecture Reform","description":"Speakers called for reforms to the global financial system so it better reflects the needs of developing countries, especially vulnerable and middle-income states. This included changes to concessional eligibility, the use of multidimensional vulnerability measures, stronger representation in IFIs, and more development-oriented credit rating practices."}],"words":[{"text":"Foreign","start":4294.47,"end":4294.83},{"text":"exchange","start":4294.83,"end":4295.19},{"text":"risk","start":4295.19,"end":4295.51},{"text":"remains","start":4295.51,"end":4295.83},{"text":"a","start":4295.83,"end":4295.91},{"text":"primary","start":4295.91,"end":4296.47},{"text":"cause","start":4296.47,"end":4296.75},{"text":"of","start":4296.75,"end":4296.83},{"text":"financial","start":4296.83,"end":4297.39},{"text":"vulnerability","start":4297.39,"end":4298.11},{"text":"in","start":4298.11,"end":4298.19},{"text":"developing","start":4298.19,"end":4298.71},{"text":"countries.","start":4298.71,"end":4299.19}]},{"text":"It is essential that multilateral development banks drastically expand their local currency lending.","start":4299.43,"end":4305.39,"topics":[{"key":"financial-architecture-reform","label":"International Financial Architecture Reform","description":"Speakers called for reforms to the global financial system so it better reflects the needs of developing countries, especially vulnerable and middle-income states. 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Speakers also stressed closing digital divides, improving digital safety, and ensuring that artificial intelligence supports inclusion rather than deepening inequality."}],"words":[{"text":"Fourth,","start":4305.71,"end":4306.19},{"text":"digital","start":4306.35,"end":4306.83},{"text":"transformation","start":4306.83,"end":4307.55},{"text":"offers","start":4307.55,"end":4307.83},{"text":"significant","start":4307.83,"end":4308.43},{"text":"opportunities","start":4308.43,"end":4309.11},{"text":"to","start":4309.11,"end":4309.27},{"text":"accelerate","start":4309.27,"end":4309.87},{"text":"sustainable","start":4309.87,"end":4310.43},{"text":"development.","start":4310.43,"end":4311.07}]},{"text":"Armenia's efforts to develop a vast computing infrastructure and artificial intelligence capabilities underscores the importance of mobilizing investment in digital connectivity, innovation, and capacity building by bridging the digital divide.","start":4311.35,"end":4324.43,"topics":[{"key":"digital-transformation","label":"Digital Transformation","description":"Digital infrastructure, inclusive digital finance, and connectivity were presented as essential enablers of sustainable development across sectors. 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Lebanon.","start":4329.27,"end":4334.55,"topics":[],"words":[{"text":"I","start":4329.27,"end":4329.51},{"text":"will","start":4329.51,"end":4329.75},{"text":"give","start":4329.75,"end":4329.95},{"text":"the","start":4329.95,"end":4330.07},{"text":"floor","start":4330.07,"end":4330.39},{"text":"to","start":4330.39,"end":4330.55},{"text":"Croatia,","start":4330.71,"end":4331.51},{"text":"followed","start":4331.59,"end":4332.15},{"text":"by","start":4332.15,"end":4332.31},{"text":"Timor-Leste","start":4332.31,"end":4333.07},{"text":"and","start":4333.07,"end":4333.63},{"text":"Lebanon.","start":4333.99,"end":4334.55}]},{"text":"Croatia, you have the floor, please.","start":4334.55,"end":4336.03,"topics":[],"words":[{"text":"Croatia,","start":4334.55,"end":4335.03},{"text":"you","start":4335.11,"end":4335.19},{"text":"have","start":4335.19,"end":4335.43},{"text":"the","start":4335.43,"end":4335.51},{"text":"floor,","start":4335.51,"end":4335.83},{"text":"please.","start":4335.83,"end":4336.03}]}]}],"speaker":{"affiliation":"ECOSOC","group":null,"function":"Vice President","affiliation_full":"ECOSOC"}},{"statement_number":32,"start":4338.63,"pageUrl":"/ar/ga/c2/81/18?lang=en&t=1:12:19","paragraphs":[{"sentences":[{"text":"Thank you, Chair.","start":4338.63,"end":4339.19,"topics":[],"words":[{"text":"Thank","start":4338.63,"end":4338.87},{"text":"you,","start":4338.91,"end":4338.99},{"text":"Chair.","start":4338.99,"end":4339.19}]},{"text":"Croatia aligns itself with the statement delivered by the EU, and I would like to add the following in my national 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the SDGs by 2030 requires urgent coordinated action.","start":4346.71,"end":4351.27,"topics":[],"words":[{"text":"Achieving","start":4346.71,"end":4347.27},{"text":"the","start":4347.27,"end":4347.39},{"text":"SDGs","start":4347.51,"end":4348.15},{"text":"by","start":4348.15,"end":4348.31},{"text":"2030","start":4348.31,"end":4349.11},{"text":"requires","start":4349.11,"end":4349.67},{"text":"urgent","start":4349.67,"end":4350.15},{"text":"coordinated","start":4350.15,"end":4350.79},{"text":"action.","start":4350.79,"end":4351.27}]},{"text":"Both the GA and ECOSOC, with its subsidiary bodies and coordinating function, have this 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OASIS.","start":4519.47,"end":4523.95,"topics":[],"words":[{"text":"Timor-Leste","start":4519.47,"end":4519.91},{"text":"aligns","start":4519.91,"end":4520.19},{"text":"itself","start":4520.19,"end":4520.59},{"text":"with","start":4520.59,"end":4520.71},{"text":"the","start":4520.71,"end":4520.79},{"text":"statement","start":4520.79,"end":4521.27},{"text":"delivered","start":4521.27,"end":4521.67},{"text":"by","start":4521.67,"end":4521.83},{"text":"Palau","start":4521.83,"end":4522.35},{"text":"on","start":4522.43,"end":4522.59},{"text":"behalf","start":4522.59,"end":4523.07},{"text":"of","start":4523.07,"end":4523.31},{"text":"OASIS.","start":4523.31,"end":4523.95}]},{"text":"and wishes to deliver the following remarks in our national 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Discussion also covered debt-for-development swaps, concessional finance, and debt pause clauses as tools to protect development spending."},{"key":"shock-responsive-finance","label":"Shock-Responsive Finance and Fiscal Space","description":"Delegates and panelists emphasized expanding fiscal space so countries can respond to climate and non-climate shocks without sacrificing long-term development investment. 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Pre-arranged finance, contingency instruments, insurance, and automatic debt service suspension were highlighted as key mechanisms."}],"words":[{"text":"Second,","start":4597.19,"end":4597.75},{"text":"the","start":4598.15,"end":4598.31},{"text":"global","start":4598.31,"end":4598.79},{"text":"financial","start":4599.03,"end":4599.59},{"text":"safety","start":4599.59,"end":4599.99},{"text":"net","start":4599.99,"end":4600.31},{"text":"should","start":4600.31,"end":4600.59},{"text":"provide","start":4600.59,"end":4600.95},{"text":"timely,","start":4600.95,"end":4601.43},{"text":"predictable,","start":4601.43,"end":4602.07},{"text":"and","start":4602.07,"end":4602.31},{"text":"coordinated","start":4602.31,"end":4602.87},{"text":"support","start":4602.87,"end":4603.43},{"text":"when","start":4603.63,"end":4603.91},{"text":"crisis","start":4603.91,"end":4604.39},{"text":"arises.","start":4604.39,"end":4605.03}]},{"text":"These must be complemented by accessible concessional financing and technical assistance that help countries build resilience and safeguard essential development investments.","start":4605.99,"end":4615.87,"topics":[{"key":"shock-responsive-finance","label":"Shock-Responsive Finance and Fiscal Space","description":"Delegates and panelists emphasized expanding fiscal space so countries can respond to climate and non-climate shocks without sacrificing long-term development investment. 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And now I give the floor to the delegation of Lebanon.","start":4629.47,"end":4634.27,"topics":[],"words":[{"text":"Thank","start":4629.47,"end":4629.71},{"text":"you,","start":4629.71,"end":4630.03},{"text":"Timor-Leste.","start":4630.03,"end":4630.79},{"text":"And","start":4630.79,"end":4630.91},{"text":"now","start":4630.91,"end":4631.15},{"text":"I","start":4631.23,"end":4631.39},{"text":"give","start":4631.39,"end":4631.63},{"text":"the","start":4631.63,"end":4631.79},{"text":"floor","start":4631.79,"end":4632.11},{"text":"to","start":4632.11,"end":4632.27},{"text":"the","start":4632.67,"end":4632.79},{"text":"delegation","start":4632.91,"end":4633.63},{"text":"of","start":4633.63,"end":4633.79},{"text":"Lebanon.","start":4633.79,"end":4634.27}]},{"text":"Lebanon, please, you have the floor.","start":4634.27,"end":4635.71,"topics":[],"words":[{"text":"Lebanon,","start":4634.27,"end":4634.75},{"text":"please,","start":4634.75,"end":4634.99},{"text":"you","start":4634.99,"end":4635.15},{"text":"have","start":4635.15,"end":4635.31},{"text":"the","start":4635.31,"end":4635.39},{"text":"floor.","start":4635.39,"end":4635.71}]}]}],"speaker":{"affiliation":"ECOSOC","group":null,"function":"Vice President","affiliation_full":"ECOSOC"}},{"statement_number":36,"start":4638.07,"pageUrl":"/ar/ga/c2/81/18?lang=en&t=1:17:19","paragraphs":[{"sentences":[{"text":"Thank you, Mr. Chair, for giving me the floor.","start":4638.07,"end":4640.07,"topics":[],"words":[{"text":"Thank","start":4638.07,"end":4638.31},{"text":"you,","start":4638.31,"end":4638.39},{"text":"Mr.","start":4638.39,"end":4638.71},{"text":"Chair,","start":4638.71,"end":4638.95},{"text":"for","start":4638.95,"end":4639.11},{"text":"giving","start":4639.11,"end":4639.39},{"text":"me","start":4639.39,"end":4639.51},{"text":"the","start":4639.51,"end":4639.59},{"text":"floor.","start":4639.59,"end":4640.07}]},{"text":"Lebanon thanks the President and the Vice President of ECOSOC for joining us today, and we would like to thank the panelists for their insightful presentations and remarks.","start":4641.51,"end":4648.87,"topics":[],"words":[{"text":"Lebanon","start":4641.51,"end":4641.91},{"text":"thanks","start":4641.91,"end":4642.19},{"text":"the","start":4642.19,"end":4642.31},{"text":"President","start":4642.31,"end":4642.75},{"text":"and","start":4642.75,"end":4642.87},{"text":"the","start":4642.87,"end":4642.95},{"text":"Vice","start":4643.11,"end":4643.35},{"text":"President","start":4643.35,"end":4643.71},{"text":"of","start":4643.71,"end":4643.79},{"text":"ECOSOC","start":4643.79,"end":4644.23},{"text":"for","start":4644.23,"end":4644.47},{"text":"joining","start":4644.47,"end":4644.79},{"text":"us","start":4644.79,"end":4644.95},{"text":"today,","start":4644.95,"end":4645.35},{"text":"and","start":4645.43,"end":4645.67},{"text":"we","start":4645.67,"end":4645.75},{"text":"would","start":4645.75,"end":4645.87},{"text":"like","start":4645.87,"end":4646.07},{"text":"to","start":4646.07,"end":4646.15},{"text":"thank","start":4646.15,"end":4646.39},{"text":"the","start":4646.39,"end":4646.47},{"text":"panelists","start":4646.47,"end":4646.95},{"text":"for","start":4646.95,"end":4647.11},{"text":"their","start":4647.11,"end":4647.23},{"text":"insightful","start":4647.23,"end":4647.67},{"text":"presentations","start":4647.67,"end":4648.31},{"text":"and","start":4648.31,"end":4648.43},{"text":"remarks.","start":4648.43,"end":4648.87}]},{"text":"As mentioned today by many of the speakers and by many delegations, we approach 2030, the widening SDG financing gaps, rising debt burdens, and increasingly frequent global shocks continue to undermine the ability of developing countries to invest in sustainable development.","start":4649.59,"end":4664.95,"topics":[{"key":"sdg-financing-gap","label":"SDG Financing Gap","description":"A central theme was the multi-trillion-dollar shortfall in resources needed to achieve the 2030 Agenda. 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And now I give the floor to the Republic of Korea, our last speaker on the list.","start":4757.87,"end":4765.75,"topics":[],"words":[{"text":"Thank","start":4757.87,"end":4758.15},{"text":"you,","start":4758.15,"end":4758.27},{"text":"Lebanon.","start":4758.27,"end":4758.91},{"text":"And","start":4758.99,"end":4759.19},{"text":"now","start":4759.19,"end":4759.55},{"text":"I","start":4761.55,"end":4761.63},{"text":"give","start":4761.67,"end":4761.87},{"text":"the","start":4761.87,"end":4761.95},{"text":"floor","start":4761.95,"end":4762.19},{"text":"to","start":4762.19,"end":4762.35},{"text":"the","start":4762.35,"end":4762.51},{"text":"Republic","start":4762.51,"end":4763.07},{"text":"of","start":4763.07,"end":4763.15},{"text":"Korea,","start":4763.15,"end":4763.75},{"text":"our","start":4763.75,"end":4763.87},{"text":"last","start":4763.87,"end":4764.27},{"text":"speaker","start":4764.67,"end":4765.19},{"text":"on","start":4765.19,"end":4765.31},{"text":"the","start":4765.31,"end":4765.39},{"text":"list.","start":4765.39,"end":4765.75}]},{"text":"Please.","start":4766.31,"end":4766.75,"topics":[],"words":[{"text":"Please.","start":4766.31,"end":4766.75}]}]}],"speaker":{"affiliation":"ECOSOC","group":null,"function":"Vice President","affiliation_full":"ECOSOC"}},{"statement_number":38,"start":4771.23,"pageUrl":"/ar/ga/c2/81/18?lang=en&t=1:19:32","paragraphs":[{"sentences":[{"text":"Thank you, Madam and Mr. Co-Chairs, for hosting this meaningful joint meeting.","start":4771.23,"end":4775.75,"topics":[],"words":[{"text":"Thank","start":4771.23,"end":4771.39},{"text":"you,","start":4771.39,"end":4771.51},{"text":"Madam","start":4771.51,"end":4771.91},{"text":"and","start":4771.91,"end":4772.39},{"text":"Mr.","start":4772.43,"end":4772.71},{"text":"Co-Chairs,","start":4772.71,"end":4773.27},{"text":"for","start":4773.27,"end":4773.47},{"text":"hosting","start":4773.47,"end":4773.87},{"text":"this","start":4773.87,"end":4774.31},{"text":"meaningful","start":4774.39,"end":4774.95},{"text":"joint","start":4774.95,"end":4775.35},{"text":"meeting.","start":4775.35,"end":4775.75}]},{"text":"I also express my gratitude to speakers for their informative and insightful presentations.","start":4776.15,"end":4782.79,"topics":[],"words":[{"text":"I","start":4776.15,"end":4776.31},{"text":"also","start":4776.31,"end":4776.71},{"text":"express","start":4776.71,"end":4777.19},{"text":"my","start":4777.19,"end":4777.35},{"text":"gratitude","start":4777.35,"end":4777.91},{"text":"to","start":4777.91,"end":4778.07},{"text":"speakers","start":4778.07,"end":4778.79},{"text":"for","start":4778.95,"end":4779.19},{"text":"their","start":4779.19,"end":4779.59},{"text":"informative","start":4780.07,"end":4780.79},{"text":"and","start":4780.79,"end":4781.03},{"text":"insightful","start":4781.03,"end":4781.75},{"text":"presentations.","start":4781.75,"end":4782.79}]},{"text":"My delegation looks forward to a continued and productive dialogue for development financing issues, including that sustainability, domestic resource mobilization, cooperation with international financial institutions, as we envision next year's Development Cooperation Forum, Financing for Development Forum, and SDG Summit.","start":4783.43,"end":4806.51,"topics":[{"key":"debt-sustainability","label":"Debt Sustainability","description":"Many statements focused on rising debt burdens, debt service pressures, and the need for faster, fairer debt restructuring and relief. 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play a guiding role in promoting related dialogue while embracing a variety of financing resources and development 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and fragmentation is key to making the most of our resources.","start":4900.47,"end":4905.67,"topics":[],"words":[{"text":"Overcoming","start":4900.47,"end":4901.11},{"text":"duplication","start":4901.11,"end":4901.91},{"text":"and","start":4901.91,"end":4902.03},{"text":"fragmentation","start":4902.03,"end":4903.03},{"text":"is","start":4903.03,"end":4903.19},{"text":"key","start":4903.19,"end":4903.43},{"text":"to","start":4903.43,"end":4903.59},{"text":"making","start":4903.59,"end":4903.99},{"text":"the","start":4903.99,"end":4904.07},{"text":"most","start":4904.07,"end":4904.47},{"text":"of","start":4904.47,"end":4904.63},{"text":"our","start":4904.63,"end":4904.91},{"text":"resources.","start":4904.91,"end":4905.67}]},{"text":"And UN development system and UN country team should actively support the host government to exercise its strong leadership for coordination and coherence in the wider development activities on the ground and over various development financing.","start":4906.03,"end":4920.55,"topics":[],"words":[{"text":"And","start":4906.03,"end":4906.15},{"text":"UN","start":4906.15,"end":4906.31},{"text":"development","start":4906.31,"end":4906.83},{"text":"system","start":4906.83,"end":4907.23},{"text":"and","start":4907.23,"end":4907.35},{"text":"UN","start":4907.35,"end":4907.51},{"text":"country","start":4907.51,"end":4907.91},{"text":"team","start":4907.91,"end":4908.23},{"text":"should","start":4908.39,"end":4908.63},{"text":"actively","start":4908.63,"end":4909.11},{"text":"support","start":4909.11,"end":4909.71},{"text":"the","start":4909.71,"end":4909.83},{"text":"host","start":4909.83,"end":4910.15},{"text":"government","start":4910.15,"end":4910.91},{"text":"to","start":4910.91,"end":4911.03},{"text":"exercise","start":4911.03,"end":4911.67},{"text":"its","start":4911.67,"end":4911.79},{"text":"strong","start":4911.79,"end":4912.15},{"text":"leadership","start":4912.15,"end":4912.79},{"text":"for","start":4913.03,"end":4913.19},{"text":"coordination","start":4913.19,"end":4914.15},{"text":"and","start":4914.15,"end":4914.27},{"text":"coherence","start":4914.27,"end":4914.87},{"text":"in","start":4915.19,"end":4915.35},{"text":"the","start":4915.35,"end":4915.43},{"text":"wider","start":4915.43,"end":4915.91},{"text":"development","start":4915.91,"end":4916.51},{"text":"activities","start":4916.51,"end":4917.03},{"text":"on","start":4917.03,"end":4917.15},{"text":"the","start":4917.15,"end":4917.27},{"text":"ground","start":4917.27,"end":4917.67},{"text":"and","start":4917.67,"end":4917.91},{"text":"over","start":4917.91,"end":4918.15},{"text":"various","start":4918.15,"end":4918.67},{"text":"development","start":4918.67,"end":4919.27},{"text":"financing.","start":4919.83,"end":4920.55}]},{"text":"This is also a key aspect of national ownership.","start":4920.63,"end":4924.47,"topics":[],"words":[{"text":"This","start":4920.63,"end":4920.87},{"text":"is","start":4920.87,"end":4921.03},{"text":"also","start":4921.03,"end":4921.55},{"text":"a","start":4921.55,"end":4921.59},{"text":"key","start":4921.99,"end":4922.39},{"text":"aspect","start":4922.39,"end":4922.99},{"text":"of","start":4922.99,"end":4923.19},{"text":"national","start":4923.19,"end":4923.71},{"text":"ownership.","start":4923.79,"end":4924.47}]},{"text":"In this aspect, it is essential that ECOSOC exercises stronger governance and oversight for a more effective and fit-for-purpose UN development system.","start":4925.51,"end":4935.99,"topics":[],"words":[{"text":"In","start":4925.51,"end":4925.87},{"text":"this","start":4925.87,"end":4926.15},{"text":"aspect,","start":4926.15,"end":4926.67},{"text":"it","start":4926.71,"end":4926.83},{"text":"is","start":4926.87,"end":4927.03},{"text":"essential","start":4927.03,"end":4927.59},{"text":"that","start":4927.59,"end":4927.83},{"text":"ECOSOC","start":4927.83,"end":4928.27},{"text":"exercises","start":4928.31,"end":4928.95},{"text":"stronger","start":4928.95,"end":4929.35},{"text":"governance","start":4929.35,"end":4929.91},{"text":"and","start":4929.91,"end":4930.11},{"text":"oversight","start":4930.11,"end":4930.79},{"text":"for","start":4931.35,"end":4932.11},{"text":"a","start":4932.11,"end":4932.15},{"text":"more","start":4932.15,"end":4932.47},{"text":"effective","start":4932.47,"end":4933.19},{"text":"and","start":4933.43,"end":4933.67},{"text":"fit-for-purpose","start":4933.67,"end":4934.71},{"text":"UN","start":4934.71,"end":4934.99},{"text":"development","start":4934.99,"end":4935.47},{"text":"system.","start":4935.47,"end":4935.99}]},{"text":"My delegation is committed to engaging constructively in this Committee's work on development financing issues.","start":4936.47,"end":4943.59,"topics":[],"words":[{"text":"My","start":4936.47,"end":4936.71},{"text":"delegation","start":4936.71,"end":4937.27},{"text":"is","start":4937.27,"end":4937.43},{"text":"committed","start":4937.43,"end":4937.83},{"text":"to","start":4937.83,"end":4938.15},{"text":"engaging","start":4938.19,"end":4938.71},{"text":"constructively","start":4938.71,"end":4939.51},{"text":"in","start":4939.51,"end":4939.59},{"text":"this","start":4939.59,"end":4939.79},{"text":"Committee's","start":4939.79,"end":4940.55},{"text":"work","start":4941.11,"end":4941.75},{"text":"on","start":4941.75,"end":4941.87},{"text":"development","start":4941.87,"end":4942.47},{"text":"financing","start":4942.47,"end":4943.15},{"text":"issues.","start":4943.15,"end":4943.59}]},{"text":"I thank you.","start":4943.91,"end":4944.55,"topics":[],"words":[{"text":"I","start":4943.91,"end":4944.15},{"text":"thank","start":4944.15,"end":4944.43},{"text":"you.","start":4944.43,"end":4944.55}]}]}],"speaker":{"affiliation":"KOR","group":null,"function":null,"affiliation_full":"Republic of Korea"}},{"statement_number":39,"start":4946.71,"pageUrl":"/ar/ga/c2/81/18?lang=en&t=1:22:27","paragraphs":[{"sentences":[{"text":"Thank you, Republic of Korea.","start":4946.71,"end":4948.55,"topics":[],"words":[{"text":"Thank","start":4946.71,"end":4946.87},{"text":"you,","start":4946.87,"end":4947.19},{"text":"Republic","start":4947.19,"end":4947.75},{"text":"of","start":4947.75,"end":4947.91},{"text":"Korea.","start":4947.91,"end":4948.55}]},{"text":"We have heard from the last speaker in the interactive discussion.","start":4948.87,"end":4952.47,"topics":[],"words":[{"text":"We","start":4948.87,"end":4949.03},{"text":"have","start":4949.03,"end":4949.35},{"text":"heard","start":4949.35,"end":4949.67},{"text":"from","start":4949.67,"end":4949.87},{"text":"the","start":4949.87,"end":4949.95},{"text":"last","start":4949.95,"end":4950.15},{"text":"speaker","start":4950.15,"end":4950.63},{"text":"in","start":4950.63,"end":4950.79},{"text":"the","start":4950.79,"end":4950.87},{"text":"interactive","start":4951.11,"end":4951.67},{"text":"discussion.","start":4951.67,"end":4952.47}]},{"text":"So now we have a few minutes to hear brief responses by the panelists.","start":4952.87,"end":4957.51,"topics":[],"words":[{"text":"So","start":4952.87,"end":4953.19},{"text":"now","start":4953.19,"end":4953.35},{"text":"we","start":4953.35,"end":4953.51},{"text":"have","start":4953.51,"end":4953.75},{"text":"a","start":4953.75,"end":4953.83},{"text":"few","start":4953.83,"end":4953.99},{"text":"minutes","start":4953.99,"end":4954.55},{"text":"to","start":4955.03,"end":4955.19},{"text":"hear","start":4955.19,"end":4955.67},{"text":"brief","start":4955.67,"end":4955.87},{"text":"responses","start":4955.87,"end":4956.63},{"text":"by","start":4956.63,"end":4956.79},{"text":"the","start":4956.79,"end":4956.95},{"text":"panelists.","start":4956.95,"end":4957.51}]},{"text":"I invite each of them to give their final takeaways in about a couple of minutes each.","start":4957.91,"end":4963.59,"topics":[],"words":[{"text":"I","start":4957.91,"end":4958.07},{"text":"invite","start":4958.07,"end":4958.47},{"text":"each","start":4958.47,"end":4958.79},{"text":"of","start":4958.79,"end":4958.95},{"text":"them","start":4958.95,"end":4959.27},{"text":"to","start":4959.43,"end":4959.59},{"text":"give","start":4959.59,"end":4959.83},{"text":"their","start":4959.83,"end":4960.07},{"text":"final","start":4960.07,"end":4960.43},{"text":"takeaways","start":4960.43,"end":4961.11},{"text":"in","start":4961.11,"end":4961.35},{"text":"about","start":4961.43,"end":4961.99},{"text":"a","start":4962.23,"end":4962.31},{"text":"couple","start":4962.31,"end":4962.59},{"text":"of","start":4962.59,"end":4962.71},{"text":"minutes","start":4962.71,"end":4963.11},{"text":"each.","start":4963.11,"end":4963.59}]},{"text":"We'll begin with Mrs. Lee, if she's still with us.","start":4965.03,"end":4968.23,"topics":[],"words":[{"text":"We'll","start":4965.03,"end":4965.43},{"text":"begin","start":4965.43,"end":4965.75},{"text":"with","start":4965.75,"end":4966.07},{"text":"Mrs.","start":4966.07,"end":4966.63},{"text":"Lee,","start":4966.63,"end":4966.91},{"text":"if","start":4966.91,"end":4967.03},{"text":"she's","start":4967.03,"end":4967.31},{"text":"still","start":4967.31,"end":4967.59},{"text":"with","start":4967.59,"end":4967.83},{"text":"us.","start":4967.83,"end":4968.23}]},{"text":"Mrs. Lee, you have the floor.","start":4968.95,"end":4970.55,"topics":[],"words":[{"text":"Mrs.","start":4968.95,"end":4969.35},{"text":"Lee,","start":4969.35,"end":4969.59},{"text":"you","start":4969.67,"end":4969.83},{"text":"have","start":4969.83,"end":4970.07},{"text":"the","start":4970.07,"end":4970.15},{"text":"floor.","start":4970.15,"end":4970.55}]}]}],"speaker":{"affiliation":"ECOSOC","group":null,"function":"Vice President","affiliation_full":"ECOSOC"}},{"statement_number":40,"start":4971.99,"pageUrl":"/ar/ga/c2/81/18?lang=en&t=1:22:52","paragraphs":[{"sentences":[{"text":"Yes, I'm still here.","start":4971.99,"end":4972.95,"topics":[],"words":[{"text":"Yes,","start":4971.99,"end":4972.19},{"text":"I'm","start":4972.19,"end":4972.39},{"text":"still","start":4972.39,"end":4972.63},{"text":"here.","start":4972.63,"end":4972.95}]},{"text":"Thank you so much for these comments and questions.","start":4976.51,"end":4980.59,"topics":[],"words":[{"text":"Thank","start":4976.51,"end":4976.91},{"text":"you","start":4976.91,"end":4977.03},{"text":"so","start":4977.03,"end":4977.47},{"text":"much","start":4977.47,"end":4978.03},{"text":"for","start":4978.35,"end":4978.91},{"text":"these","start":4978.91,"end":4979.23},{"text":"comments","start":4979.23,"end":4979.63},{"text":"and","start":4979.63,"end":4979.75},{"text":"questions.","start":4979.75,"end":4980.59}]},{"text":"And I think I will respond with some suggested priorities, which are quite consistent with the suggestions and the views expressed in this 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first of all, I would say that this conversation suggests that we really do need an additional finance tool, an innovative finance tool at this moment.","start":4997.63,"end":5010.71,"topics":[{"key":"shock-responsive-finance","label":"Shock-Responsive Finance and Fiscal Space","description":"Delegates and panelists emphasized expanding fiscal space so countries can respond to climate and non-climate shocks without sacrificing long-term development investment. 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Now, I give the floor to Mr. Areski, please.","start":5332.71,"end":5338.75,"topics":[],"words":[{"text":"Thank","start":5332.71,"end":5332.95},{"text":"you,","start":5332.95,"end":5333.19},{"text":"Mrs.","start":5333.19,"end":5333.59},{"text":"Lee.","start":5333.59,"end":5333.83},{"text":"Now,","start":5334.63,"end":5335.03},{"text":"I","start":5336.15,"end":5336.19},{"text":"give","start":5336.19,"end":5336.31},{"text":"the","start":5336.31,"end":5336.43},{"text":"floor","start":5336.43,"end":5336.63},{"text":"to","start":5336.63,"end":5336.95},{"text":"Mr.","start":5337.19,"end":5337.67},{"text":"Areski,","start":5337.79,"end":5338.23},{"text":"please.","start":5338.51,"end":5338.75}]}]}],"speaker":{"affiliation":"ECOSOC","group":null,"function":"Vice President","affiliation_full":"ECOSOC"}},{"statement_number":42,"start":5340.79,"pageUrl":"/ar/ga/c2/81/18?lang=en&t=1:29:01","paragraphs":[{"sentences":[{"text":"Thank you, Mr. Moderator.","start":5340.79,"end":5342.35,"topics":[],"words":[{"text":"Thank","start":5340.79,"end":5341.03},{"text":"you,","start":5341.03,"end":5341.27},{"text":"Mr.","start":5341.35,"end":5341.75},{"text":"Moderator.","start":5341.75,"end":5342.35}]},{"text":"In concluding, I'd like to echo what I heard from our distinguished colleague here today, that the global financial architecture is on an unsustainable footing, and that is because of the complexity and the recurrence of shocks that are indeed driving a shrinking pool of resources toward emergency relief as opposed to resilience investment.","start":5343.11,"end":5368.23,"topics":[{"key":"financial-architecture-reform","label":"International Financial Architecture Reform","description":"Speakers called for reforms to the global financial system so it better reflects the needs of developing countries, especially vulnerable and middle-income states. 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dialogue.","start":5525.63,"end":5529.67,"topics":[],"words":[{"text":"I","start":5525.63,"end":5525.71},{"text":"thank","start":5525.95,"end":5526.23},{"text":"the","start":5526.23,"end":5526.35},{"text":"panelists","start":5526.35,"end":5526.79},{"text":"and","start":5526.79,"end":5526.95},{"text":"all","start":5526.95,"end":5527.07},{"text":"who","start":5527.07,"end":5527.31},{"text":"participated","start":5527.31,"end":5528.19},{"text":"in","start":5528.31,"end":5528.51},{"text":"this","start":5528.91,"end":5529.23},{"text":"dialogue.","start":5529.27,"end":5529.67}]},{"text":"That concludes the first panel discussion.","start":5530.19,"end":5532.75,"topics":[],"words":[{"text":"That","start":5530.19,"end":5530.31},{"text":"concludes","start":5530.35,"end":5530.99},{"text":"the","start":5531.15,"end":5531.31},{"text":"first","start":5531.31,"end":5531.63},{"text":"panel","start":5531.63,"end":5531.95},{"text":"discussion.","start":5531.95,"end":5532.75}]},{"text":"Will I take a short break to rearrange the podium, please remain seated.","start":5533.39,"end":5538.87,"topics":[],"words":[{"text":"Will","start":5533.39,"end":5533.47},{"text":"I","start":5533.67,"end":5533.71},{"text":"take","start":5533.71,"end":5534.23},{"text":"a","start":5534.55,"end":5534.59},{"text":"short","start":5534.59,"end":5534.95},{"text":"break","start":5534.95,"end":5535.27},{"text":"to","start":5535.27,"end":5535.39},{"text":"rearrange","start":5535.39,"end":5536.63},{"text":"the","start":5536.63,"end":5536.71},{"text":"podium,","start":5536.71,"end":5537.19},{"text":"please","start":5537.23,"end":5537.59},{"text":"remain","start":5537.99,"end":5538.47},{"text":"seated.","start":5538.47,"end":5538.87}]},{"text":"Thank you.","start":5539.71,"end":5539.99,"topics":[],"words":[{"text":"Thank","start":5539.71,"end":5539.91},{"text":"you.","start":5539.91,"end":5539.99}]}]}],"speaker":{"affiliation":"ECOSOC","group":null,"function":"Vice President","affiliation_full":"ECOSOC"}},{"statement_number":46,"start":5609.67,"pageUrl":"/ar/ga/c2/81/18?lang=en&t=1:33:30","paragraphs":[{"sentences":[{"text":"Everybody. Distinguished delegates, excellencies, I would like first to thank Ambassador Vega-Torres for moderating the first panel and also the panelists for their insights.","start":5609.67,"end":5625.27,"topics":[],"words":[{"text":"Everybody.","start":5609.67,"end":5610.11},{"text":"Distinguished","start":5613.75,"end":5614.47},{"text":"delegates,","start":5614.55,"end":5615.35},{"text":"excellencies,","start":5615.35,"end":5616.31},{"text":"I","start":5616.39,"end":5616.43},{"text":"would","start":5616.43,"end":5616.55},{"text":"like","start":5616.55,"end":5617.03},{"text":"first","start":5617.03,"end":5617.59},{"text":"to","start":5617.83,"end":5618.39},{"text":"thank","start":5618.87,"end":5619.15},{"text":"Ambassador","start":5619.15,"end":5620.15},{"text":"Vega-Torres","start":5620.15,"end":5620.95},{"text":"for","start":5620.95,"end":5621.11},{"text":"moderating","start":5621.11,"end":5621.87},{"text":"the","start":5621.87,"end":5621.99},{"text":"first","start":5621.99,"end":5622.47},{"text":"panel","start":5622.47,"end":5622.87},{"text":"and","start":5622.87,"end":5622.99},{"text":"also","start":5622.99,"end":5623.43},{"text":"the","start":5623.43,"end":5623.59},{"text":"panelists","start":5623.59,"end":5624.23},{"text":"for","start":5624.23,"end":5624.39},{"text":"their","start":5624.39,"end":5624.55},{"text":"insights.","start":5624.55,"end":5625.27}]},{"text":"Now it's my pleasure to begin the second panel discussion.","start":5625.67,"end":5629.03,"topics":[],"words":[{"text":"Now","start":5625.67,"end":5625.91},{"text":"it's","start":5625.91,"end":5626.15},{"text":"my","start":5626.15,"end":5626.31},{"text":"pleasure","start":5626.31,"end":5626.79},{"text":"to","start":5626.79,"end":5627.11},{"text":"begin","start":5627.11,"end":5627.47},{"text":"the","start":5627.47,"end":5627.59},{"text":"second","start":5627.59,"end":5627.99},{"text":"panel","start":5627.99,"end":5628.27},{"text":"discussion.","start":5628.27,"end":5629.03}]},{"text":"The topic for this panel is on building resilience and accelerating SDG progress.","start":5629.67,"end":5635.59,"topics":[],"words":[{"text":"The","start":5629.67,"end":5629.83},{"text":"topic","start":5629.83,"end":5630.19},{"text":"for","start":5630.19,"end":5630.39},{"text":"this","start":5630.39,"end":5630.71},{"text":"panel","start":5630.71,"end":5631.11},{"text":"is","start":5631.11,"end":5631.43},{"text":"on","start":5631.43,"end":5631.91},{"text":"building","start":5632.23,"end":5632.71},{"text":"resilience","start":5632.71,"end":5633.43},{"text":"and","start":5633.43,"end":5633.63},{"text":"accelerating","start":5633.63,"end":5634.35},{"text":"SDG","start":5634.35,"end":5634.87},{"text":"progress.","start":5634.87,"end":5635.59}]},{"text":"financing for food systems, gender-responsive financing, and digital transformation.","start":5636.15,"end":5640.79,"topics":[{"key":"food-systems-finance","label":"Food Systems and Nutrition Financing","description":"The meeting addressed how to finance food security, agriculture, and nutrition in a more coherent and outcome-oriented way. Speakers highlighted support for small farmers, resilient food systems, nutrition-focused budgeting, and the need to align domestic and external finance with healthier diets and stronger food sovereignty."},{"key":"gender-responsive-finance","label":"Gender-Responsive Finance","description":"Participants discussed directing finance toward gender equality and women's economic empowerment, including through sustainable finance frameworks and targeted financial instruments. The care economy, women's access to finance, and integrating gender considerations into market rules and public policy were presented as important priorities."},{"key":"digital-transformation","label":"Digital Transformation","description":"Digital infrastructure, inclusive digital finance, and connectivity were presented as essential enablers of sustainable development across sectors. Speakers also stressed closing digital divides, improving digital safety, and ensuring that artificial intelligence supports inclusion rather than deepening inequality."}],"words":[{"text":"financing","start":5636.15,"end":5636.63},{"text":"for","start":5636.63,"end":5636.79},{"text":"food","start":5636.79,"end":5637.03},{"text":"systems,","start":5637.03,"end":5637.59},{"text":"gender-responsive","start":5637.59,"end":5638.43},{"text":"financing,","start":5638.43,"end":5639.11},{"text":"and","start":5639.11,"end":5639.39},{"text":"digital","start":5639.39,"end":5639.83},{"text":"transformation.","start":5639.83,"end":5640.79}]},{"text":"This panel will address how to mobilize and align financing and financing policies for food systems, gender equality, and digital transformation, advancing implementation of relevant aspects of the Seville Commitment within this very challenging global context.","start":5641.67,"end":5658.71,"topics":[{"key":"food-systems-finance","label":"Food Systems and Nutrition Financing","description":"The meeting addressed how to finance food security, agriculture, and nutrition in a more coherent and outcome-oriented way. 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Speakers also stressed closing digital divides, improving digital safety, and ensuring that artificial intelligence supports inclusion rather than deepening inequality."}],"words":[{"text":"This","start":5641.67,"end":5641.91},{"text":"panel","start":5641.91,"end":5642.31},{"text":"will","start":5642.31,"end":5642.59},{"text":"address","start":5642.59,"end":5643.03},{"text":"how","start":5643.03,"end":5643.27},{"text":"to","start":5643.27,"end":5643.43},{"text":"mobilize","start":5643.43,"end":5644.23},{"text":"and","start":5644.23,"end":5644.39},{"text":"align","start":5644.39,"end":5645.11},{"text":"financing","start":5645.11,"end":5645.79},{"text":"and","start":5645.79,"end":5645.95},{"text":"financing","start":5645.95,"end":5646.47},{"text":"policies","start":5646.47,"end":5647.35},{"text":"for","start":5647.35,"end":5647.51},{"text":"food","start":5647.51,"end":5647.75},{"text":"systems,","start":5647.75,"end":5648.39},{"text":"gender","start":5648.39,"end":5648.67},{"text":"equality,","start":5648.67,"end":5649.07},{"text":"and","start":5649.07,"end":5649.23},{"text":"digital","start":5649.23,"end":5649.63},{"text":"transformation,","start":5649.63,"end":5650.55},{"text":"advancing","start":5651.11,"end":5651.71},{"text":"implementation","start":5651.71,"end":5652.55},{"text":"of","start":5652.55,"end":5652.67},{"text":"relevant","start":5652.67,"end":5653.19},{"text":"aspects","start":5653.19,"end":5653.91},{"text":"of","start":5654.23,"end":5654.35},{"text":"the","start":5654.35,"end":5654.47},{"text":"Seville","start":5654.47,"end":5654.87},{"text":"Commitment","start":5654.87,"end":5655.59},{"text":"within","start":5655.83,"end":5656.31},{"text":"this","start":5656.31,"end":5656.55},{"text":"very","start":5656.55,"end":5656.83},{"text":"challenging","start":5656.83,"end":5657.51},{"text":"global","start":5657.59,"end":5658.07},{"text":"context.","start":5658.07,"end":5658.71}]},{"text":"We'll begin right away with a discussion and listen to the expert that we have invited.","start":5659.43,"end":5664.71,"topics":[],"words":[{"text":"We'll","start":5659.43,"end":5659.79},{"text":"begin","start":5659.79,"end":5660.07},{"text":"right","start":5660.07,"end":5660.31},{"text":"away","start":5660.31,"end":5660.71},{"text":"with","start":5660.71,"end":5660.95},{"text":"a","start":5660.95,"end":5660.99},{"text":"discussion","start":5660.99,"end":5661.59},{"text":"and","start":5661.59,"end":5661.71},{"text":"listen","start":5661.75,"end":5662.23},{"text":"to","start":5662.55,"end":5663.03},{"text":"the","start":5663.03,"end":5663.23},{"text":"expert","start":5663.23,"end":5663.59},{"text":"that","start":5663.59,"end":5663.75},{"text":"we","start":5663.75,"end":5663.83},{"text":"have","start":5663.83,"end":5663.99},{"text":"invited.","start":5663.99,"end":5664.71}]},{"text":"I kindly request all panelists to limit their remarks no more than seven minutes.","start":5665.43,"end":5670.39,"topics":[],"words":[{"text":"I","start":5665.43,"end":5665.44},{"text":"kindly","start":5665.43,"end":5665.75},{"text":"request","start":5665.75,"end":5666.23},{"text":"all","start":5666.23,"end":5666.39},{"text":"panelists","start":5666.39,"end":5666.95},{"text":"to","start":5666.95,"end":5667.07},{"text":"limit","start":5667.11,"end":5667.51},{"text":"their","start":5667.51,"end":5668.51},{"text":"remarks","start":5668.51,"end":5668.95},{"text":"no","start":5668.95,"end":5669.11},{"text":"more","start":5669.11,"end":5669.35},{"text":"than","start":5669.35,"end":5669.59},{"text":"seven","start":5669.59,"end":5669.91},{"text":"minutes.","start":5669.91,"end":5670.39}]},{"text":"My first question is directed to Ms. Abigail Perry.","start":5671.11,"end":5673.99,"topics":[],"words":[{"text":"My","start":5671.11,"end":5671.27},{"text":"first","start":5671.27,"end":5671.59},{"text":"question","start":5671.59,"end":5672.07},{"text":"is","start":5672.07,"end":5672.27},{"text":"directed","start":5672.27,"end":5672.67},{"text":"to","start":5672.67,"end":5672.75},{"text":"Ms.","start":5672.75,"end":5673.11},{"text":"Abigail","start":5673.11,"end":5673.51},{"text":"Perry.","start":5673.51,"end":5673.99}]},{"text":"She is global program lead for nutrition at the World 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Speakers highlighted support for small farmers, resilient food systems, nutrition-focused budgeting, and the need to align domestic and external finance with healthier diets and stronger food sovereignty."}],"words":[{"text":"underpinned","start":5687.19,"end":5687.91},{"text":"by","start":5687.91,"end":5688.15},{"text":"coherent","start":5688.15,"end":5688.71},{"text":"policies,","start":5688.71,"end":5689.35},{"text":"budgets,","start":5689.35,"end":5689.79},{"text":"and","start":5689.79,"end":5689.91},{"text":"financing","start":5689.91,"end":5690.43},{"text":"strategies.","start":5690.43,"end":5691.35}]},{"text":"Drawing on your experience, what are the most effective approaches for aligning domestic and international financing to support food system transformation and maximize nutrition outcomes?","start":5691.35,"end":5702.95,"topics":[{"key":"food-systems-finance","label":"Food Systems and Nutrition Financing","description":"The meeting addressed how to finance food security, agriculture, and nutrition in a more coherent and outcome-oriented way. 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Speakers highlighted support for small farmers, resilient food systems, nutrition-focused budgeting, and the need to align domestic and external finance with healthier diets and stronger food sovereignty."}],"words":[{"text":"First,","start":6158.07,"end":6158.35},{"text":"we","start":6158.35,"end":6158.43},{"text":"should","start":6158.47,"end":6158.59},{"text":"establish","start":6158.59,"end":6159.75},{"text":"improved","start":6159.75,"end":6160.19},{"text":"nutrition","start":6160.19,"end":6160.63},{"text":"as","start":6160.63,"end":6160.75},{"text":"a","start":6160.75,"end":6160.79},{"text":"clear","start":6160.79,"end":6161.15},{"text":"and","start":6161.15,"end":6161.27},{"text":"measurable","start":6161.27,"end":6161.67},{"text":"objective","start":6161.67,"end":6162.31},{"text":"of","start":6162.31,"end":6162.39},{"text":"food","start":6162.39,"end":6162.63},{"text":"system","start":6162.63,"end":6163.03},{"text":"policy","start":6163.03,"end":6163.39},{"text":"and","start":6163.39,"end":6163.51},{"text":"investment.","start":6163.51,"end":6164.15}]},{"text":"Second, we should assess the nutrition impact of all policies, incentives and financial flows that shape the food systems, rather than focusing only on budgets that are explicitly labelled for nutrition.","start":6164.63,"end":6175.03,"topics":[{"key":"food-systems-finance","label":"Food Systems and Nutrition Financing","description":"The meeting addressed how to finance food security, agriculture, and nutrition in a more coherent and outcome-oriented way. 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Speakers highlighted support for small farmers, resilient food systems, nutrition-focused budgeting, and the need to align domestic and external finance with healthier diets and stronger food sovereignty."}],"words":[{"text":"on","start":6200.43,"end":6200.55},{"text":"financing","start":6200.55,"end":6201.03},{"text":"the","start":6201.03,"end":6201.11},{"text":"food","start":6201.11,"end":6201.31},{"text":"system","start":6201.31,"end":6201.71},{"text":"transformation.","start":6201.71,"end":6202.71}]},{"text":"Now, I would like to return to Ms. Robin Ottes, Head of Sustainable Finance at UN Women.","start":6203.19,"end":6209.19,"topics":[],"words":[{"text":"Now,","start":6203.19,"end":6203.59},{"text":"I","start":6203.67,"end":6203.75},{"text":"would","start":6204.11,"end":6204.23},{"text":"like","start":6204.23,"end":6204.47},{"text":"to","start":6204.47,"end":6204.59},{"text":"return","start":6204.59,"end":6205.03},{"text":"to","start":6205.03,"end":6205.19},{"text":"Ms.","start":6205.19,"end":6205.43},{"text":"Robin","start":6205.43,"end":6205.83},{"text":"Ottes,","start":6205.83,"end":6206.47},{"text":"Head","start":6206.63,"end":6206.99},{"text":"of","start":6206.99,"end":6207.07},{"text":"Sustainable","start":6207.07,"end":6207.67},{"text":"Finance","start":6207.67,"end":6208.27},{"text":"at","start":6208.27,"end":6208.47},{"text":"UN","start":6208.47,"end":6208.71},{"text":"Women.","start":6208.71,"end":6209.19}]},{"text":"I would like to pose also a question to you.","start":6210.63,"end":6213.19,"topics":[],"words":[{"text":"I","start":6210.63,"end":6210.71},{"text":"would","start":6210.71,"end":6210.83},{"text":"like","start":6210.87,"end":6211.07},{"text":"to","start":6211.07,"end":6211.15},{"text":"pose","start":6211.15,"end":6211.43},{"text":"also","start":6211.43,"end":6211.71},{"text":"a","start":6211.71,"end":6211.75},{"text":"question","start":6211.75,"end":6212.31},{"text":"to","start":6212.31,"end":6212.79},{"text":"you.","start":6213.11,"end":6213.19}]},{"text":"How can the financial markets and sustainable finance be leveraged to mobilize and direct capital towards investment that support improved gender equality outcomes at scale?","start":6213.27,"end":6224.35,"topics":[{"key":"gender-responsive-finance","label":"Gender-Responsive Finance","description":"Participants discussed directing finance toward gender equality and women's economic empowerment, including through sustainable finance frameworks and targeted financial instruments. 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Examples included blended finance, green bonds, catalytic finance, public-private partnerships, and risk-reduction instruments for sustainable infrastructure and development."}],"words":[{"text":"How","start":6213.27,"end":6213.51},{"text":"can","start":6213.51,"end":6213.71},{"text":"the","start":6213.71,"end":6213.83},{"text":"financial","start":6213.83,"end":6214.39},{"text":"markets","start":6214.39,"end":6214.87},{"text":"and","start":6214.87,"end":6214.99},{"text":"sustainable","start":6214.99,"end":6215.59},{"text":"finance","start":6215.59,"end":6216.15},{"text":"be","start":6216.15,"end":6216.35},{"text":"leveraged","start":6216.35,"end":6216.91},{"text":"to","start":6216.91,"end":6217.03},{"text":"mobilize","start":6217.03,"end":6217.67},{"text":"and","start":6217.67,"end":6217.87},{"text":"direct","start":6217.87,"end":6218.23},{"text":"capital","start":6218.23,"end":6218.95},{"text":"towards","start":6219.35,"end":6219.83},{"text":"investment","start":6220.07,"end":6220.51},{"text":"that","start":6220.51,"end":6220.63},{"text":"support","start":6220.63,"end":6221.11},{"text":"improved","start":6221.11,"end":6221.55},{"text":"gender","start":6221.55,"end":6221.91},{"text":"equality","start":6221.91,"end":6222.75},{"text":"outcomes","start":6222.91,"end":6223.47},{"text":"at","start":6223.47,"end":6223.63},{"text":"scale?","start":6223.63,"end":6224.35}]},{"text":"What actions are needed to deliver on the Seville commitment?","start":6224.71,"end":6227.99,"topics":[{"key":"sdg-financing-gap","label":"SDG Financing Gap","description":"A central theme was the multi-trillion-dollar shortfall in resources needed to achieve the 2030 Agenda. Speakers stressed turning the Sevilla Commitment into practical action and better aligning finance with sustainable development goals."}],"words":[{"text":"What","start":6224.71,"end":6224.99},{"text":"actions","start":6224.99,"end":6225.55},{"text":"are","start":6225.55,"end":6225.67},{"text":"needed","start":6225.67,"end":6226.03},{"text":"to","start":6226.03,"end":6226.15},{"text":"deliver","start":6226.15,"end":6226.67},{"text":"on","start":6226.67,"end":6226.83},{"text":"the","start":6226.83,"end":6226.91},{"text":"Seville","start":6226.91,"end":6227.23},{"text":"commitment?","start":6227.31,"end":6227.99}]},{"text":"You have the floor.","start":6228.91,"end":6229.63,"topics":[],"words":[{"text":"You","start":6228.91,"end":6229.03},{"text":"have","start":6229.03,"end":6229.15},{"text":"the","start":6229.15,"end":6229.27},{"text":"floor.","start":6229.27,"end":6229.63}]}]}],"speaker":{"affiliation":"2nd Committee","group":null,"function":"Chair","affiliation_full":"2nd Committee"}},{"statement_number":49,"start":6230.67,"pageUrl":"/ar/ga/c2/81/18?lang=en&t=1:43:51","paragraphs":[{"sentences":[{"text":"Thank you very much, Ambassador Janina.","start":6230.67,"end":6232.59,"topics":[],"words":[{"text":"Thank","start":6230.67,"end":6230.87},{"text":"you","start":6230.87,"end":6230.95},{"text":"very","start":6230.95,"end":6231.15},{"text":"much,","start":6231.15,"end":6231.59},{"text":"Ambassador","start":6231.59,"end":6232.11},{"text":"Janina.","start":6232.11,"end":6232.59}]},{"text":"So indeed, mobilizing more capital for the SDGs is essential.","start":6233.71,"end":6238.03,"topics":[{"key":"sdg-financing-gap","label":"SDG Financing Gap","description":"A central theme was the multi-trillion-dollar shortfall in resources needed to achieve the 2030 Agenda. Speakers stressed turning the Sevilla Commitment into practical action and better aligning finance with sustainable development goals."}],"words":[{"text":"So","start":6233.71,"end":6233.99},{"text":"indeed,","start":6233.99,"end":6234.35},{"text":"mobilizing","start":6234.35,"end":6235.23},{"text":"more","start":6235.39,"end":6235.67},{"text":"capital","start":6235.67,"end":6236.19},{"text":"for","start":6236.19,"end":6236.35},{"text":"the","start":6236.35,"end":6236.43},{"text":"SDGs","start":6236.43,"end":6236.99},{"text":"is","start":6236.99,"end":6237.23},{"text":"essential.","start":6237.23,"end":6238.03}]},{"text":"But I think we must also look at how we improve our financial markets and how we improve how they assess risk, how they define value, and where they identify opportunity.","start":6238.71,"end":6251.27,"topics":[{"key":"financial-architecture-reform","label":"International Financial Architecture Reform","description":"Speakers called for reforms to the global financial system so it better reflects the needs of developing countries, especially vulnerable and middle-income states. 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Examples included blended finance, green bonds, catalytic finance, public-private partnerships, and risk-reduction instruments for sustainable infrastructure and development."}],"words":[{"text":"But","start":6238.71,"end":6238.83},{"text":"I","start":6238.83,"end":6238.91},{"text":"think","start":6238.91,"end":6239.07},{"text":"we","start":6239.07,"end":6239.15},{"text":"must","start":6239.15,"end":6239.39},{"text":"also","start":6239.39,"end":6239.79},{"text":"look","start":6239.79,"end":6240.11},{"text":"at","start":6240.11,"end":6240.35},{"text":"how","start":6240.35,"end":6240.67},{"text":"we","start":6240.67,"end":6240.91},{"text":"improve","start":6240.91,"end":6241.63},{"text":"our","start":6241.63,"end":6241.79},{"text":"financial","start":6241.79,"end":6242.35},{"text":"markets","start":6242.35,"end":6243.07},{"text":"and","start":6243.55,"end":6243.75},{"text":"how","start":6243.75,"end":6244.03},{"text":"we","start":6244.03,"end":6244.19},{"text":"improve","start":6244.19,"end":6244.83},{"text":"how","start":6244.83,"end":6245.07},{"text":"they","start":6245.07,"end":6245.47},{"text":"assess","start":6245.47,"end":6246.11},{"text":"risk,","start":6246.11,"end":6246.67},{"text":"how","start":6246.99,"end":6247.23},{"text":"they","start":6247.23,"end":6247.39},{"text":"define","start":6247.39,"end":6247.95},{"text":"value,","start":6247.95,"end":6248.59},{"text":"and","start":6249.11,"end":6249.23},{"text":"where","start":6249.23,"end":6249.51},{"text":"they","start":6249.51,"end":6249.75},{"text":"identify","start":6249.75,"end":6250.47},{"text":"opportunity.","start":6250.47,"end":6251.27}]},{"text":"We know that trillions of dollars circulate through our global financial markets every day.","start":6252.31,"end":6256.55,"topics":[],"words":[{"text":"We","start":6252.31,"end":6252.47},{"text":"know","start":6252.47,"end":6252.79},{"text":"that","start":6252.79,"end":6253.03},{"text":"trillions","start":6253.03,"end":6253.47},{"text":"of","start":6253.47,"end":6253.55},{"text":"dollars","start":6253.55,"end":6253.91},{"text":"circulate","start":6253.91,"end":6254.55},{"text":"through","start":6254.55,"end":6254.71},{"text":"our","start":6254.71,"end":6254.79},{"text":"global","start":6254.79,"end":6255.11},{"text":"financial","start":6255.11,"end":6255.51},{"text":"markets","start":6255.51,"end":6255.91},{"text":"every","start":6255.91,"end":6256.23},{"text":"day.","start":6256.23,"end":6256.55}]},{"text":"The question is, how effectively is that capital allocated and whether markets are overlooking opportunities to strengthen key economic areas like productivity, economic growth, and resilience?","start":6257.43,"end":6272.15,"topics":[{"key":"financial-architecture-reform","label":"International Financial Architecture Reform","description":"Speakers called for reforms to the global financial system so it better reflects the needs of developing countries, especially vulnerable and middle-income states. 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Examples included blended finance, green bonds, catalytic finance, public-private partnerships, and risk-reduction instruments for sustainable infrastructure and development."}],"words":[{"text":"The","start":6257.43,"end":6257.55},{"text":"question","start":6257.55,"end":6258.07},{"text":"is,","start":6258.07,"end":6258.55},{"text":"how","start":6258.55,"end":6258.79},{"text":"effectively","start":6258.79,"end":6259.91},{"text":"is","start":6259.99,"end":6260.19},{"text":"that","start":6260.19,"end":6260.39},{"text":"capital","start":6260.39,"end":6260.95},{"text":"allocated","start":6260.95,"end":6261.67},{"text":"and","start":6262.23,"end":6262.39},{"text":"whether","start":6262.39,"end":6262.67},{"text":"markets","start":6262.67,"end":6263.19},{"text":"are","start":6263.19,"end":6263.39},{"text":"overlooking","start":6263.39,"end":6264.15},{"text":"opportunities","start":6264.15,"end":6265.03},{"text":"to","start":6265.03,"end":6265.23},{"text":"strengthen","start":6265.23,"end":6265.99},{"text":"key","start":6266.31,"end":6266.71},{"text":"economic","start":6266.71,"end":6267.19},{"text":"areas","start":6267.27,"end":6267.91},{"text":"like","start":6268.15,"end":6268.47},{"text":"productivity,","start":6268.47,"end":6269.43},{"text":"economic","start":6269.87,"end":6270.35},{"text":"growth,","start":6270.35,"end":6270.71},{"text":"and","start":6271.35,"end":6271.51},{"text":"resilience?","start":6271.51,"end":6272.15}]},{"text":"Let me illustrate this with one example.","start":6273.27,"end":6275.19,"topics":[],"words":[{"text":"Let","start":6273.27,"end":6273.39},{"text":"me","start":6273.39,"end":6273.51},{"text":"illustrate","start":6273.51,"end":6273.99},{"text":"this","start":6273.99,"end":6274.19},{"text":"with","start":6274.19,"end":6274.39},{"text":"one","start":6274.39,"end":6274.55},{"text":"example.","start":6274.55,"end":6275.19}]},{"text":"If we take the care economy, Childcare and long-term care are essential to the functioning of any economy.","start":6276.51,"end":6283.87,"topics":[{"key":"gender-responsive-finance","label":"Gender-Responsive Finance","description":"Participants discussed directing finance toward gender equality and women's economic empowerment, including through sustainable finance frameworks and targeted financial instruments. The care economy, women's access to finance, and integrating gender considerations into market rules and public policy were presented as important priorities."}],"words":[{"text":"If","start":6276.51,"end":6276.63},{"text":"we","start":6276.63,"end":6276.79},{"text":"take","start":6276.79,"end":6277.03},{"text":"the","start":6277.03,"end":6277.15},{"text":"care","start":6277.19,"end":6277.47},{"text":"economy,","start":6277.47,"end":6277.99},{"text":"Childcare","start":6279.07,"end":6279.87},{"text":"and","start":6279.87,"end":6280.07},{"text":"long-term","start":6280.07,"end":6280.67},{"text":"care","start":6280.67,"end":6280.99},{"text":"are","start":6280.99,"end":6281.15},{"text":"essential","start":6281.15,"end":6281.87},{"text":"to","start":6281.87,"end":6281.95},{"text":"the","start":6281.95,"end":6282.11},{"text":"functioning","start":6282.11,"end":6282.83},{"text":"of","start":6282.83,"end":6282.99},{"text":"any","start":6282.99,"end":6283.35},{"text":"economy.","start":6283.35,"end":6283.87}]},{"text":"They enable people to participate in the workforce, allow employers to access and retain talent, and support the productivity of households and businesses.","start":6284.43,"end":6295.15,"topics":[{"key":"gender-responsive-finance","label":"Gender-Responsive Finance","description":"Participants discussed directing finance toward gender equality and women's economic empowerment, including through sustainable finance frameworks and targeted financial instruments. The care economy, women's access to finance, and integrating gender considerations into market rules and public policy were presented as important priorities."}],"words":[{"text":"They","start":6284.43,"end":6284.63},{"text":"enable","start":6284.63,"end":6284.99},{"text":"people","start":6284.99,"end":6285.39},{"text":"to","start":6285.39,"end":6285.55},{"text":"participate","start":6285.55,"end":6286.19},{"text":"in","start":6286.19,"end":6286.31},{"text":"the","start":6286.31,"end":6286.67},{"text":"workforce,","start":6286.75,"end":6287.55},{"text":"allow","start":6288.19,"end":6288.51},{"text":"employers","start":6288.51,"end":6289.07},{"text":"to","start":6289.07,"end":6289.27},{"text":"access","start":6289.27,"end":6289.87},{"text":"and","start":6289.87,"end":6290.03},{"text":"retain","start":6290.03,"end":6290.51},{"text":"talent,","start":6290.51,"end":6291.15},{"text":"and","start":6291.63,"end":6291.83},{"text":"support","start":6291.83,"end":6292.27},{"text":"the","start":6292.27,"end":6292.43},{"text":"productivity","start":6292.43,"end":6293.39},{"text":"of","start":6293.39,"end":6293.55},{"text":"households","start":6293.55,"end":6294.23},{"text":"and","start":6294.23,"end":6294.43},{"text":"businesses.","start":6294.43,"end":6295.15}]},{"text":"Yet care is still treated as largely a domestic issue, one that falls disproportionately on women.","start":6296.03,"end":6303.23,"topics":[{"key":"gender-responsive-finance","label":"Gender-Responsive Finance","description":"Participants discussed directing finance toward gender equality and women's economic empowerment, including through sustainable finance frameworks and targeted financial instruments. The care economy, women's access to finance, and integrating gender considerations into market rules and public policy were presented as important priorities."}],"words":[{"text":"Yet","start":6296.03,"end":6296.35},{"text":"care","start":6296.35,"end":6296.67},{"text":"is","start":6296.67,"end":6297.07},{"text":"still","start":6297.07,"end":6297.39},{"text":"treated","start":6297.39,"end":6298.11},{"text":"as","start":6298.11,"end":6298.27},{"text":"largely","start":6298.27,"end":6298.83},{"text":"a","start":6298.83,"end":6298.87},{"text":"domestic","start":6298.87,"end":6299.47},{"text":"issue,","start":6299.47,"end":6299.87},{"text":"one","start":6300.67,"end":6300.99},{"text":"that","start":6300.99,"end":6301.15},{"text":"falls","start":6301.15,"end":6301.63},{"text":"disproportionately","start":6301.63,"end":6302.67},{"text":"on","start":6302.67,"end":6302.91},{"text":"women.","start":6302.91,"end":6303.23}]},{"text":"So as more countries adopt national care policies, The question becomes whether our financing systems adequately recognize the value of investments in care that would enable people to participate productively in our economies.","start":6304.27,"end":6317.59,"topics":[{"key":"gender-responsive-finance","label":"Gender-Responsive Finance","description":"Participants discussed directing finance toward gender equality and women's economic empowerment, including through sustainable finance frameworks and targeted financial instruments. The care economy, women's access to finance, and integrating gender considerations into market rules and public policy were presented as important priorities."}],"words":[{"text":"So","start":6304.27,"end":6304.51},{"text":"as","start":6304.51,"end":6304.67},{"text":"more","start":6304.67,"end":6304.83},{"text":"countries","start":6304.83,"end":6305.31},{"text":"adopt","start":6305.31,"end":6305.63},{"text":"national","start":6305.63,"end":6305.99},{"text":"care","start":6305.99,"end":6306.19},{"text":"policies,","start":6306.19,"end":6306.91},{"text":"The","start":6307.27,"end":6307.39},{"text":"question","start":6307.39,"end":6307.67},{"text":"becomes","start":6307.67,"end":6308.03},{"text":"whether","start":6308.03,"end":6308.31},{"text":"our","start":6308.31,"end":6308.39},{"text":"financing","start":6308.39,"end":6309.19},{"text":"systems","start":6309.19,"end":6309.91},{"text":"adequately","start":6309.91,"end":6310.47},{"text":"recognize","start":6310.47,"end":6311.11},{"text":"the","start":6311.11,"end":6311.19},{"text":"value","start":6311.19,"end":6311.55},{"text":"of","start":6311.55,"end":6311.67},{"text":"investments","start":6311.67,"end":6312.27},{"text":"in","start":6312.27,"end":6312.39},{"text":"care","start":6312.39,"end":6312.75},{"text":"that","start":6313.35,"end":6313.51},{"text":"would","start":6313.51,"end":6313.67},{"text":"enable","start":6313.67,"end":6314.07},{"text":"people","start":6314.07,"end":6314.35},{"text":"to","start":6314.35,"end":6314.51},{"text":"participate","start":6314.51,"end":6315.43},{"text":"productively","start":6315.83,"end":6316.71},{"text":"in","start":6316.71,"end":6316.87},{"text":"our","start":6316.87,"end":6316.99},{"text":"economies.","start":6316.99,"end":6317.59}]},{"text":"Are we adequately understanding and pricing risks to our labor force if we fail to enable women to enter and remain in and progress in employment?","start":6318.95,"end":6327.99,"topics":[{"key":"gender-responsive-finance","label":"Gender-Responsive Finance","description":"Participants discussed directing finance toward gender equality and women's economic empowerment, including through sustainable finance frameworks and targeted financial instruments. 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The care economy, women's access to finance, and integrating gender considerations into market rules and public policy were presented as important priorities."}],"words":[{"text":"And","start":6329.11,"end":6329.31},{"text":"so","start":6329.31,"end":6329.39},{"text":"this","start":6329.39,"end":6329.55},{"text":"is","start":6329.55,"end":6329.67},{"text":"where","start":6329.67,"end":6329.91},{"text":"adopting","start":6329.91,"end":6330.47},{"text":"a","start":6330.47,"end":6330.51},{"text":"gender","start":6330.51,"end":6330.83},{"text":"lens","start":6330.83,"end":6331.11},{"text":"becomes","start":6331.11,"end":6331.59},{"text":"critical","start":6331.59,"end":6332.15},{"text":"because","start":6333.27,"end":6333.59},{"text":"gender","start":6333.59,"end":6333.91},{"text":"equality","start":6333.91,"end":6334.71},{"text":"and","start":6334.95,"end":6335.19},{"text":"inequality","start":6335.27,"end":6336.31},{"text":"are","start":6336.87,"end":6336.95},{"text":"not","start":6336.95,"end":6337.43},{"text":"only","start":6337.43,"end":6337.75},{"text":"social","start":6337.75,"end":6338.15},{"text":"considerations.","start":6338.15,"end":6339.11}]},{"text":"They are economic and they are financial in that they shape our productivity, they shape our labor force participation, and they shape our consumption rates.","start":6339.59,"end":6349.11,"topics":[{"key":"gender-responsive-finance","label":"Gender-Responsive Finance","description":"Participants discussed directing finance toward gender equality and women's economic empowerment, including through sustainable finance frameworks and targeted financial instruments. 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The care economy, women's access to finance, and integrating gender considerations into market rules and public policy were presented as important priorities."}],"words":[{"text":"These","start":6349.67,"end":6349.91},{"text":"are","start":6349.91,"end":6349.99},{"text":"all","start":6349.99,"end":6350.23},{"text":"macroeconomic","start":6350.23,"end":6351.19},{"text":"indicators","start":6351.19,"end":6351.99},{"text":"and","start":6351.99,"end":6352.19},{"text":"drivers","start":6352.19,"end":6352.55},{"text":"of","start":6352.55,"end":6352.63},{"text":"long-term","start":6352.63,"end":6353.11},{"text":"growth.","start":6353.11,"end":6353.43}]},{"text":"So when we talk about bringing a gender lens into the financial markets, we're not only talking about increasing lending to women, as important as that is, And we are not talking about creating a parallel financial system, but what we are trying to do is make these systems better equipped to recognize economic value, assess risk, and price risk accordingly.","start":6354.39,"end":6376.23,"topics":[{"key":"gender-responsive-finance","label":"Gender-Responsive Finance","description":"Participants discussed directing finance toward gender equality and women's economic empowerment, including through sustainable finance frameworks and targeted financial instruments. 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I would like to invite the first speaker on the list, the distinguished representative of Cuba.","start":7022.59,"end":7028.51,"topics":[],"words":[{"text":"Now","start":7022.59,"end":7022.83},{"text":"I","start":7022.83,"end":7022.87},{"text":"would","start":7022.87,"end":7022.99},{"text":"like","start":7022.99,"end":7023.31},{"text":"to","start":7023.31,"end":7023.47},{"text":"invite","start":7024.19,"end":7024.67},{"text":"the","start":7024.67,"end":7024.83},{"text":"first","start":7024.83,"end":7025.11},{"text":"speaker","start":7025.11,"end":7025.59},{"text":"on","start":7025.59,"end":7025.71},{"text":"the","start":7025.71,"end":7025.83},{"text":"list,","start":7025.83,"end":7026.27},{"text":"the","start":7026.27,"end":7026.51},{"text":"distinguished","start":7026.51,"end":7027.11},{"text":"representative","start":7027.11,"end":7027.95},{"text":"of","start":7027.95,"end":7028.03},{"text":"Cuba.","start":7028.03,"end":7028.51}]},{"text":"The floor is 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Committee","group":null,"function":"Chair","affiliation_full":"2nd Committee"}},{"statement_number":55,"start":7207.95,"pageUrl":"/ar/ga/c2/81/18?lang=en&t=2:00:08","paragraphs":[{"sentences":[{"text":"Thank you, Co-Chair, Madam.","start":7207.95,"end":7208.91,"topics":[],"words":[{"text":"Thank","start":7207.95,"end":7208.11},{"text":"you,","start":7208.11,"end":7208.23},{"text":"Co-Chair,","start":7208.23,"end":7208.63},{"text":"Madam.","start":7208.63,"end":7208.91}]},{"text":"We thank the panelists for their presentations.","start":7210.03,"end":7213.15,"topics":[],"words":[{"text":"We","start":7210.03,"end":7210.19},{"text":"thank","start":7210.19,"end":7210.43},{"text":"the","start":7210.43,"end":7210.51},{"text":"panelists","start":7210.51,"end":7210.99},{"text":"for","start":7210.99,"end":7211.55},{"text":"their","start":7211.71,"end":7212.03},{"text":"presentations.","start":7212.03,"end":7213.15}]},{"text":"India's development experience underlines the importance of investing in food security, women's economic empowerment, and access to digital services.","start":7213.63,"end":7222.83,"topics":[{"key":"food-systems-finance","label":"Food Systems and Nutrition Financing","description":"The meeting addressed how to finance food security, agriculture, and nutrition in a more coherent and outcome-oriented way. 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Speakers also stressed closing digital divides, improving digital safety, and ensuring that artificial intelligence supports inclusion rather than deepening inequality."}],"words":[{"text":"India's","start":7213.63,"end":7214.03},{"text":"development","start":7214.03,"end":7214.67},{"text":"experience","start":7214.67,"end":7215.39},{"text":"underlines","start":7215.39,"end":7216.11},{"text":"the","start":7216.43,"end":7216.55},{"text":"importance","start":7216.55,"end":7217.11},{"text":"of","start":7217.11,"end":7217.23},{"text":"investing","start":7217.23,"end":7217.87},{"text":"in","start":7217.87,"end":7218.03},{"text":"food","start":7218.03,"end":7218.27},{"text":"security,","start":7218.27,"end":7218.83},{"text":"women's","start":7219.23,"end":7219.71},{"text":"economic","start":7219.71,"end":7220.19},{"text":"empowerment,","start":7220.19,"end":7220.83},{"text":"and","start":7221.23,"end":7221.43},{"text":"access","start":7221.43,"end":7221.79},{"text":"to","start":7221.79,"end":7221.87},{"text":"digital","start":7221.87,"end":7222.19},{"text":"services.","start":7222.19,"end":7222.83}]},{"text":"These are priorities that directly affect people's livelihood and their ability to cope with economic and climate shocks.","start":7223.31,"end":7229.95,"topics":[{"key":"shock-responsive-finance","label":"Shock-Responsive Finance and Fiscal Space","description":"Delegates and panelists emphasized expanding fiscal space so countries can respond to climate and non-climate shocks without sacrificing long-term development investment. Pre-arranged finance, contingency instruments, insurance, and automatic debt service suspension were highlighted as key mechanisms."}],"words":[{"text":"These","start":7223.31,"end":7223.55},{"text":"are","start":7223.55,"end":7223.63},{"text":"priorities","start":7223.63,"end":7224.43},{"text":"that","start":7224.51,"end":7224.75},{"text":"directly","start":7224.75,"end":7225.11},{"text":"affect","start":7225.11,"end":7225.43},{"text":"people's","start":7225.43,"end":7225.87},{"text":"livelihood","start":7225.87,"end":7226.43},{"text":"and","start":7226.83,"end":7227.03},{"text":"their","start":7227.03,"end":7227.23},{"text":"ability","start":7227.23,"end":7227.79},{"text":"to","start":7227.79,"end":7227.95},{"text":"cope","start":7227.95,"end":7228.23},{"text":"with","start":7228.23,"end":7228.43},{"text":"economic","start":7228.47,"end":7228.99},{"text":"and","start":7228.99,"end":7229.15},{"text":"climate","start":7229.15,"end":7229.55},{"text":"shocks.","start":7229.55,"end":7229.95}]},{"text":"India would offer three observations.","start":7230.67,"end":7232.43,"topics":[],"words":[{"text":"India","start":7230.67,"end":7230.99},{"text":"would","start":7230.99,"end":7231.15},{"text":"offer","start":7231.15,"end":7231.47},{"text":"three","start":7231.47,"end":7231.71},{"text":"observations.","start":7231.71,"end":7232.43}]},{"text":"First, investment in agriculture must support small and marginal farmers, improve their incomes and ensure affordable access to safe and nutritious food.","start":7233.43,"end":7244.07,"topics":[{"key":"food-systems-finance","label":"Food Systems and Nutrition Financing","description":"The meeting addressed how to finance food security, agriculture, and nutrition in a more coherent and outcome-oriented way. 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Speakers highlighted support for small farmers, resilient food systems, nutrition-focused budgeting, and the need to align domestic and external finance with healthier diets and stronger food sovereignty."}],"words":[{"text":"Food","start":7266.55,"end":7266.79},{"text":"security","start":7266.79,"end":7267.19},{"text":"must","start":7267.19,"end":7267.43},{"text":"also","start":7267.43,"end":7267.75},{"text":"encompass","start":7267.75,"end":7268.39},{"text":"nutrition.","start":7268.39,"end":7269.03}]},{"text":"India's PM Poshan scheme provides nutritious cooked meal to children in government and government added schools.","start":7269.35,"end":7276.31,"topics":[{"key":"food-systems-finance","label":"Food Systems and Nutrition Financing","description":"The meeting addressed how to finance food security, agriculture, and nutrition in a more coherent and outcome-oriented way. 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Pre-arranged finance, contingency instruments, insurance, and automatic debt service suspension were highlighted as key mechanisms."}],"words":[{"text":"Our","start":7276.87,"end":7277.11},{"text":"promotion","start":7277.11,"end":7277.55},{"text":"of","start":7277.55,"end":7277.75},{"text":"millet","start":7277.91,"end":7278.31},{"text":"highlights","start":7278.31,"end":7278.71},{"text":"the","start":7278.71,"end":7278.87},{"text":"contribution","start":7278.87,"end":7279.51},{"text":"of","start":7279.51,"end":7279.59},{"text":"traditional,","start":7279.59,"end":7280.23},{"text":"nutritious","start":7280.55,"end":7281.27},{"text":"and","start":7281.35,"end":7281.75},{"text":"climate","start":7281.95,"end":7282.87},{"text":"resilient","start":7282.95,"end":7283.51},{"text":"crops.","start":7283.83,"end":7284.31}]},{"text":"We also reiterate the need for a permanent solution at the WTO on public stockholding for food security purposes, enabling developing countries to sustain programs that provide affordable food to vulnerable populations.","start":7284.95,"end":7300.15,"topics":[{"key":"food-systems-finance","label":"Food Systems and Nutrition Financing","description":"The meeting addressed how to finance food security, agriculture, and nutrition in a more coherent and outcome-oriented way. 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international cooperation should bring together finance, technology and capacity building in support of nationally identified 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its development experience through South-South partnerships.","start":7363.99,"end":7368.47,"topics":[],"words":[{"text":"India","start":7363.99,"end":7364.27},{"text":"will","start":7364.27,"end":7364.39},{"text":"continue","start":7364.39,"end":7364.79},{"text":"sharing","start":7364.79,"end":7365.19},{"text":"its","start":7365.19,"end":7365.35},{"text":"development","start":7365.35,"end":7365.95},{"text":"experience","start":7365.95,"end":7366.55},{"text":"through","start":7366.79,"end":7367.11},{"text":"South-South","start":7367.11,"end":7367.59},{"text":"partnerships.","start":7367.59,"end":7368.47}]},{"text":"Our collective objective should be finance that reaches people, strengthen resilience and creates lasting opportunities.","start":7368.87,"end":7375.99,"topics":[],"words":[{"text":"Our","start":7368.87,"end":7369.11},{"text":"collective","start":7369.11,"end":7369.59},{"text":"objective","start":7369.59,"end":7370.15},{"text":"should","start":7370.47,"end":7370.79},{"text":"be","start":7370.79,"end":7370.95},{"text":"finance","start":7370.95,"end":7371.59},{"text":"that","start":7371.59,"end":7371.91},{"text":"reaches","start":7371.91,"end":7372.31},{"text":"people,","start":7372.31,"end":7372.79},{"text":"strengthen","start":7372.95,"end":7373.51},{"text":"resilience","start":7373.51,"end":7373.99},{"text":"and","start":7373.99,"end":7374.19},{"text":"creates","start":7374.19,"end":7374.71},{"text":"lasting","start":7374.79,"end":7375.35},{"text":"opportunities.","start":7375.35,"end":7375.99}]}]},{"sentences":[{"text":"Thank 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Malaysia.","start":7377.59,"end":7384.39,"topics":[],"words":[{"text":"I","start":7377.59,"end":7377.83},{"text":"thank","start":7377.83,"end":7378.07},{"text":"the","start":7378.07,"end":7378.15},{"text":"distinguished","start":7378.15,"end":7378.75},{"text":"representative","start":7378.75,"end":7379.67},{"text":"of","start":7379.67,"end":7379.75},{"text":"India","start":7379.75,"end":7380.11},{"text":"and","start":7380.11,"end":7380.27},{"text":"now","start":7380.27,"end":7380.43},{"text":"invite","start":7380.43,"end":7381.07},{"text":"to","start":7381.07,"end":7381.15},{"text":"take","start":7381.43,"end":7381.83},{"text":"the","start":7381.83,"end":7381.91},{"text":"floor","start":7381.91,"end":7382.23},{"text":"the","start":7382.23,"end":7382.35},{"text":"distinguished","start":7382.35,"end":7382.91},{"text":"representative","start":7382.91,"end":7383.67},{"text":"of","start":7383.67,"end":7383.75},{"text":"Malaysia.","start":7383.75,"end":7384.39}]}]}],"speaker":{"affiliation":"2nd Committee","group":null,"function":"Chair","affiliation_full":"2nd Committee"}},{"statement_number":57,"start":7386.79,"pageUrl":"/ar/ga/c2/81/18?lang=en&t=2:03:07","paragraphs":[{"sentences":[{"text":"Thank you, Madam Co-Chair.","start":7386.79,"end":7388.15,"topics":[],"words":[{"text":"Thank","start":7386.79,"end":7387.11},{"text":"you,","start":7387.11,"end":7387.27},{"text":"Madam","start":7387.27,"end":7387.59},{"text":"Co-Chair.","start":7387.59,"end":7388.15}]},{"text":"Malaysia also wishes to thank the panelists for their valuable insights and perspectives on today's topic.","start":7388.71,"end":7393.75,"topics":[],"words":[{"text":"Malaysia","start":7388.71,"end":7389.07},{"text":"also","start":7389.07,"end":7389.35},{"text":"wishes","start":7389.35,"end":7389.67},{"text":"to","start":7389.67,"end":7389.79},{"text":"thank","start":7389.79,"end":7389.99},{"text":"the","start":7389.99,"end":7390.07},{"text":"panelists","start":7390.07,"end":7390.63},{"text":"for","start":7390.63,"end":7390.79},{"text":"their","start":7390.79,"end":7390.95},{"text":"valuable","start":7390.95,"end":7391.39},{"text":"insights","start":7391.39,"end":7391.99},{"text":"and","start":7391.99,"end":7392.19},{"text":"perspectives","start":7392.19,"end":7392.87},{"text":"on","start":7392.87,"end":7392.95},{"text":"today's","start":7392.95,"end":7393.35},{"text":"topic.","start":7393.35,"end":7393.75}]},{"text":"As we discuss innovative financing for the SDGs, we must ensure that financing translates into tangible improvements in people's lives.","start":7394.19,"end":7401.79,"topics":[{"key":"sdg-financing-gap","label":"SDG Financing Gap","description":"A central theme was the multi-trillion-dollar shortfall in resources needed to achieve the 2030 Agenda. Speakers stressed turning the Sevilla Commitment into practical action and better aligning finance with sustainable development goals."}],"words":[{"text":"As","start":7394.19,"end":7394.39},{"text":"we","start":7394.39,"end":7394.51},{"text":"discuss","start":7394.51,"end":7394.91},{"text":"innovative","start":7394.91,"end":7395.39},{"text":"financing","start":7395.39,"end":7395.95},{"text":"for","start":7395.95,"end":7396.11},{"text":"the","start":7396.11,"end":7396.23},{"text":"SDGs,","start":7396.23,"end":7397.07},{"text":"we","start":7397.07,"end":7397.27},{"text":"must","start":7397.27,"end":7397.55},{"text":"ensure","start":7397.55,"end":7397.87},{"text":"that","start":7397.87,"end":7398.03},{"text":"financing","start":7398.03,"end":7398.67},{"text":"translates","start":7398.67,"end":7399.27},{"text":"into","start":7399.27,"end":7399.63},{"text":"tangible","start":7399.63,"end":7400.03},{"text":"improvements","start":7400.03,"end":7400.75},{"text":"in","start":7400.75,"end":7400.91},{"text":"people's","start":7400.91,"end":7401.35},{"text":"lives.","start":7401.35,"end":7401.79}]},{"text":"For Malaysia, strengthening financing for sustainable food systems is exemplified through our national initiatives, such as the National Agro-Food Policy 2021-2023.","start":7402.11,"end":7412.67,"topics":[{"key":"food-systems-finance","label":"Food Systems and Nutrition Financing","description":"The meeting addressed how to finance food security, agriculture, and nutrition in a more coherent and outcome-oriented way. Speakers highlighted support for small farmers, resilient food systems, nutrition-focused budgeting, and the need to align domestic and external finance with healthier diets and stronger food sovereignty."}],"words":[{"text":"For","start":7402.11,"end":7402.35},{"text":"Malaysia,","start":7402.35,"end":7402.83},{"text":"strengthening","start":7402.91,"end":7403.47},{"text":"financing","start":7403.47,"end":7404.11},{"text":"for","start":7404.11,"end":7404.23},{"text":"sustainable","start":7404.23,"end":7404.99},{"text":"food","start":7404.99,"end":7405.19},{"text":"systems","start":7405.23,"end":7405.87},{"text":"is","start":7405.95,"end":7406.19},{"text":"exemplified","start":7406.19,"end":7406.91},{"text":"through","start":7406.91,"end":7407.07},{"text":"our","start":7407.07,"end":7407.23},{"text":"national","start":7407.23,"end":7407.63},{"text":"initiatives,","start":7407.63,"end":7408.27},{"text":"such","start":7408.59,"end":7408.91},{"text":"as","start":7408.91,"end":7408.99},{"text":"the","start":7408.99,"end":7409.07},{"text":"National","start":7409.07,"end":7409.63},{"text":"Agro-Food","start":7409.63,"end":7410.19},{"text":"Policy","start":7410.19,"end":7410.75},{"text":"2021-2023.","start":7410.75,"end":7412.67}]},{"text":"As Malaysia continues to prioritize resilient food supply chains and sustainable food production, we recognize the importance of innovative financing, including public-private partnerships, to mobilize greater investments in climate-smart agriculture, agricultural infrastructure, and sustainable food systems.","start":7413.47,"end":7431.15,"topics":[{"key":"food-systems-finance","label":"Food Systems and Nutrition Financing","description":"The meeting addressed how to finance food security, agriculture, and nutrition in a more coherent and outcome-oriented way. 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Examples included blended finance, green bonds, catalytic finance, public-private partnerships, and risk-reduction instruments for sustainable infrastructure and development."}],"words":[{"text":"As","start":7413.47,"end":7413.63},{"text":"Malaysia","start":7413.63,"end":7414.03},{"text":"continues","start":7414.03,"end":7414.83},{"text":"to","start":7414.99,"end":7415.11},{"text":"prioritize","start":7415.11,"end":7415.71},{"text":"resilient","start":7415.71,"end":7416.19},{"text":"food","start":7416.19,"end":7416.39},{"text":"supply","start":7416.39,"end":7416.75},{"text":"chains","start":7416.75,"end":7417.15},{"text":"and","start":7417.15,"end":7417.35},{"text":"sustainable","start":7417.35,"end":7418.03},{"text":"food","start":7418.03,"end":7418.23},{"text":"production,","start":7418.23,"end":7418.83},{"text":"we","start":7419.15,"end":7419.31},{"text":"recognize","start":7419.31,"end":7419.79},{"text":"the","start":7419.79,"end":7419.87},{"text":"importance","start":7419.87,"end":7420.39},{"text":"of","start":7420.39,"end":7420.51},{"text":"innovative","start":7420.51,"end":7421.03},{"text":"financing,","start":7421.03,"end":7421.79},{"text":"including","start":7421.87,"end":7422.51},{"text":"public-private","start":7422.51,"end":7423.23},{"text":"partnerships,","start":7423.23,"end":7423.95},{"text":"to","start":7424.27,"end":7424.39},{"text":"mobilize","start":7424.39,"end":7424.91},{"text":"greater","start":7424.91,"end":7425.23},{"text":"investments","start":7425.23,"end":7426.03},{"text":"in","start":7426.03,"end":7426.19},{"text":"climate-smart","start":7426.19,"end":7426.83},{"text":"agriculture,","start":7426.83,"end":7427.63},{"text":"agricultural","start":7427.91,"end":7428.51},{"text":"infrastructure,","start":7428.51,"end":7429.31},{"text":"and","start":7429.31,"end":7429.51},{"text":"sustainable","start":7429.51,"end":7430.19},{"text":"food","start":7430.19,"end":7430.39},{"text":"systems.","start":7430.39,"end":7431.15}]},{"text":"On promoting inclusive and gender-responsive financing, Malaysia believes that it should be integrated into broader development strategies to ensure that the benefits of growth and innovation are shared equitably.","start":7431.95,"end":7442.83,"topics":[{"key":"gender-responsive-finance","label":"Gender-Responsive Finance","description":"Participants discussed directing finance toward gender equality and women's economic empowerment, including through sustainable finance frameworks and targeted financial instruments. 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Pre-arranged finance, contingency instruments, insurance, and automatic debt service suspension were highlighted as key mechanisms."}],"words":[{"text":"Stronger","start":7443.47,"end":7443.95},{"text":"social","start":7443.95,"end":7444.27},{"text":"protection","start":7444.27,"end":7444.91},{"text":"and","start":7444.91,"end":7445.11},{"text":"greater","start":7445.11,"end":7445.43},{"text":"economic","start":7445.43,"end":7445.87},{"text":"opportunities,","start":7445.87,"end":7446.75},{"text":"particularly","start":7446.95,"end":7447.63},{"text":"for","start":7447.63,"end":7447.79},{"text":"women","start":7447.79,"end":7448.27},{"text":"and","start":7448.27,"end":7448.43},{"text":"vulnerable","start":7448.43,"end":7448.91},{"text":"communities,","start":7448.91,"end":7449.63},{"text":"are","start":7449.63,"end":7449.87},{"text":"essential","start":7449.87,"end":7450.59},{"text":"to","start":7450.83,"end":7450.99},{"text":"reducing","start":7450.99,"end":7451.47},{"text":"inequalities,","start":7451.47,"end":7452.35},{"text":"strengthening","start":7452.67,"end":7453.31},{"text":"resilience","start":7453.31,"end":7453.79},{"text":"to","start":7453.79,"end":7453.91},{"text":"economic","start":7453.91,"end":7454.35},{"text":"shocks,","start":7454.35,"end":7454.91},{"text":"and","start":7454.91,"end":7455.03},{"text":"ensuring","start":7455.03,"end":7455.67},{"text":"that","start":7455.67,"end":7455.79},{"text":"the","start":7455.79,"end":7455.91},{"text":"benefits","start":7455.91,"end":7456.43},{"text":"of","start":7456.43,"end":7456.59},{"text":"development","start":7456.59,"end":7457.27},{"text":"reach","start":7457.27,"end":7457.55},{"text":"those","start":7457.55,"end":7457.95},{"text":"most","start":7457.95,"end":7458.27},{"text":"in","start":7458.27,"end":7458.47},{"text":"need.","start":7458.47,"end":7458.75}]},{"text":"Lastly, leveraging digital transformation to strengthen resilience and anticipatory action can improve agricultural productivity, support more efficient food production and supply chain, enhance risk monitoring, and facilitate the timely delivery of assistance.","start":7459.87,"end":7475.95,"topics":[{"key":"digital-transformation","label":"Digital Transformation","description":"Digital infrastructure, inclusive digital finance, and connectivity were presented as essential enablers of sustainable development across sectors. 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Chair.","start":7675.23,"end":7676.19,"topics":[],"words":[{"text":"Thank","start":7675.23,"end":7675.47},{"text":"you,","start":7675.47,"end":7675.59},{"text":"Madam","start":7675.59,"end":7675.87},{"text":"Chair.","start":7675.87,"end":7676.19}]},{"text":"France welcomes the convening of a meeting on the financing of the Sustainable Development Goals, which is at the heart of our priorities.","start":7676.91,"end":7686.91,"topics":[{"key":"sdg-financing-gap","label":"SDG Financing Gap","description":"A central theme was the multi-trillion-dollar shortfall in resources needed to achieve the 2030 Agenda. 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stakeholders.","start":7872.39,"end":7878.15,"topics":[],"words":[{"text":"Next,","start":7872.39,"end":7872.79},{"text":"we","start":7872.79,"end":7872.91},{"text":"need","start":7872.91,"end":7873.07},{"text":"to","start":7873.07,"end":7873.15},{"text":"move","start":7873.15,"end":7873.35},{"text":"toward","start":7873.35,"end":7873.59},{"text":"implementing","start":7873.59,"end":7874.39},{"text":"this","start":7874.39,"end":7874.71},{"text":"guidance","start":7874.71,"end":7875.27},{"text":"through","start":7875.27,"end":7875.43},{"text":"operational","start":7875.59,"end":7876.15},{"text":"tools","start":7876.15,"end":7876.43},{"text":"that","start":7876.43,"end":7876.55},{"text":"bring","start":7876.55,"end":7876.79},{"text":"in","start":7876.79,"end":7876.95},{"text":"all","start":7876.95,"end":7877.27},{"text":"stakeholders.","start":7877.27,"end":7878.15}]},{"text":"And this is the role of ECOSOC, and you will have the support of France in 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you.","start":8023.59,"end":8023.91,"topics":[],"words":[{"text":"Thank","start":8023.59,"end":8023.83},{"text":"you.","start":8023.83,"end":8023.91}]}]}],"speaker":{"affiliation":"HTI","group":null,"function":null,"affiliation_full":"Haiti"}},{"statement_number":64,"start":8024.07,"pageUrl":"/ar/ga/c2/81/18?lang=en&t=2:13:45","paragraphs":[{"sentences":[{"text":"Distinguished representative of Haiti.","start":8024.07,"end":8026.19,"topics":[],"words":[{"text":"Distinguished","start":8024.07,"end":8024.67},{"text":"representative","start":8024.67,"end":8025.43},{"text":"of","start":8025.43,"end":8025.59},{"text":"Haiti.","start":8025.59,"end":8026.19}]},{"text":"And now give the floor to the distinguished representative of Qatar.","start":8026.19,"end":8029.35,"topics":[],"words":[{"text":"And","start":8026.19,"end":8026.35},{"text":"now","start":8026.35,"end":8026.47},{"text":"give","start":8026.47,"end":8026.71},{"text":"the","start":8026.71,"end":8026.83},{"text":"floor","start":8026.83,"end":8027.19},{"text":"to","start":8027.19,"end":8027.31},{"text":"the","start":8027.31,"end":8027.39},{"text":"distinguished","start":8027.39,"end":8027.99},{"text":"representative","start":8027.99,"end":8028.71},{"text":"of","start":8028.71,"end":8028.79},{"text":"Qatar.","start":8028.79,"end":8029.35}]}]}],"speaker":{"affiliation":"2nd Committee","group":null,"function":"Chair","affiliation_full":"2nd Committee"}},{"statement_number":65,"start":8034.79,"pageUrl":"/ar/ga/c2/81/18?lang=en&t=2:13:55","paragraphs":[{"sentences":[{"text":"Go, Chair.","start":8034.79,"end":8035.35,"topics":[],"words":[{"text":"Go,","start":8034.79,"end":8034.95},{"text":"Chair.","start":8034.95,"end":8035.35}]},{"text":"I wish to congratulate Amar Ben Jaber Ambassador of Algeria on assuming the chairmanship or the presidency of the ECOSOC.","start":8036.23,"end":8046.83,"topics":[],"words":[{"text":"I","start":8036.23,"end":8036.39},{"text":"wish","start":8036.39,"end":8036.55},{"text":"to","start":8036.55,"end":8036.71},{"text":"congratulate","start":8036.71,"end":8037.67},{"text":"Amar","start":8038.35,"end":8038.63},{"text":"Ben","start":8038.63,"end":8038.79},{"text":"Jaber","start":8038.79,"end":8039.51},{"text":"Ambassador","start":8041.67,"end":8042.27},{"text":"of","start":8042.27,"end":8042.51},{"text":"Algeria","start":8042.51,"end":8043.11},{"text":"on","start":8043.11,"end":8043.63},{"text":"assuming","start":8043.67,"end":8044.27},{"text":"the","start":8044.27,"end":8044.47},{"text":"chairmanship","start":8044.51,"end":8045.31},{"text":"or","start":8045.31,"end":8045.39},{"text":"the","start":8045.39,"end":8045.51},{"text":"presidency","start":8045.51,"end":8046.11},{"text":"of","start":8046.11,"end":8046.19},{"text":"the","start":8046.19,"end":8046.31},{"text":"ECOSOC.","start":8046.31,"end":8046.83}]},{"text":"We stand ready to support the ECOSOC in this work.","start":8047.31,"end":8052.35,"topics":[],"words":[{"text":"We","start":8047.31,"end":8047.79},{"text":"stand","start":8049.07,"end":8049.47},{"text":"ready","start":8049.47,"end":8049.71},{"text":"to","start":8049.71,"end":8049.83},{"text":"support","start":8049.83,"end":8050.51},{"text":"the","start":8051.07,"end":8051.27},{"text":"ECOSOC","start":8051.27,"end":8051.79},{"text":"in","start":8051.79,"end":8051.87},{"text":"this","start":8051.87,"end":8052.11},{"text":"work.","start":8052.11,"end":8052.35}]},{"text":"We stress that bridging the gap regarding the SDGs is of utmost necessity to achieve sustainable development in developing states, namely least developing nations.","start":8052.67,"end":8064.47,"topics":[{"key":"sdg-financing-gap","label":"SDG Financing Gap","description":"A central theme was the multi-trillion-dollar shortfall in resources needed to achieve the 2030 Agenda. 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Speakers stressed turning the Sevilla Commitment into practical action and better aligning finance with sustainable development goals."}],"words":[{"text":"We","start":8076.71,"end":8076.83},{"text":"stress","start":8076.83,"end":8077.11},{"text":"the","start":8077.11,"end":8077.23},{"text":"importance","start":8077.23,"end":8077.75},{"text":"of","start":8077.75,"end":8077.91},{"text":"international","start":8077.91,"end":8078.51},{"text":"cooperation","start":8078.51,"end":8079.51},{"text":"and","start":8079.51,"end":8079.75},{"text":"financial","start":8079.75,"end":8080.23},{"text":"partnerships","start":8080.23,"end":8080.95},{"text":"to","start":8080.95,"end":8081.07},{"text":"achieve","start":8081.07,"end":8081.43},{"text":"sustainable","start":8081.43,"end":8082.03},{"text":"development.","start":8082.03,"end":8082.79}]},{"text":"And through our partnerships with the United Nations system as well as IFIs, we support endeavors to ensure development and build resilience countries that are most in need, including through the Doha Program of Action for Least Developing States.","start":8083.07,"end":8099.75,"topics":[{"key":"shock-responsive-finance","label":"Shock-Responsive Finance and Fiscal Space","description":"Delegates and panelists emphasized expanding fiscal space so countries can respond to climate and non-climate shocks without sacrificing long-term development investment. Pre-arranged finance, contingency instruments, insurance, and automatic debt service suspension were highlighted as key mechanisms."}],"words":[{"text":"And","start":8083.07,"end":8083.19},{"text":"through","start":8083.19,"end":8083.43},{"text":"our","start":8083.43,"end":8083.59},{"text":"partnerships","start":8083.59,"end":8084.31},{"text":"with","start":8084.31,"end":8084.51},{"text":"the","start":8084.51,"end":8084.59},{"text":"United","start":8084.59,"end":8084.99},{"text":"Nations","start":8084.99,"end":8085.39},{"text":"system","start":8085.39,"end":8086.15},{"text":"as","start":8086.47,"end":8086.71},{"text":"well","start":8086.71,"end":8086.95},{"text":"as","start":8086.95,"end":8087.43},{"text":"IFIs,","start":8088.75,"end":8089.43},{"text":"we","start":8089.43,"end":8089.59},{"text":"support","start":8089.59,"end":8090.11},{"text":"endeavors","start":8090.11,"end":8090.71},{"text":"to","start":8090.71,"end":8090.83},{"text":"ensure","start":8090.83,"end":8091.19},{"text":"development","start":8091.19,"end":8091.99},{"text":"and","start":8092.31,"end":8092.63},{"text":"build","start":8092.63,"end":8092.95},{"text":"resilience","start":8092.95,"end":8093.67},{"text":"countries","start":8094.07,"end":8094.71},{"text":"that","start":8094.71,"end":8094.87},{"text":"are","start":8094.87,"end":8095.03},{"text":"most","start":8095.03,"end":8095.35},{"text":"in","start":8095.35,"end":8095.55},{"text":"need,","start":8095.55,"end":8095.91},{"text":"including","start":8095.91,"end":8096.47},{"text":"through","start":8096.47,"end":8096.71},{"text":"the","start":8096.71,"end":8096.87},{"text":"Doha","start":8096.87,"end":8097.27},{"text":"Program","start":8097.27,"end":8097.75},{"text":"of","start":8097.75,"end":8097.91},{"text":"Action","start":8097.91,"end":8098.31},{"text":"for","start":8098.31,"end":8098.47},{"text":"Least","start":8098.47,"end":8098.75},{"text":"Developing","start":8098.75,"end":8099.35},{"text":"States.","start":8099.35,"end":8099.75}]},{"text":"We stress the importance of the high-level meeting of the mid-term review for least developed countries, which will be held in March 2027.","start":8100.79,"end":8111.11,"topics":[],"words":[{"text":"We","start":8100.79,"end":8101.03},{"text":"stress","start":8101.03,"end":8101.39},{"text":"the","start":8101.39,"end":8101.47},{"text":"importance","start":8101.47,"end":8102.15},{"text":"of","start":8102.15,"end":8102.47},{"text":"the","start":8102.47,"end":8102.59},{"text":"high-level","start":8103.99,"end":8104.51},{"text":"meeting","start":8104.55,"end":8105.03},{"text":"of","start":8105.03,"end":8105.43},{"text":"the","start":8105.43,"end":8105.55},{"text":"mid-term","start":8105.67,"end":8106.23},{"text":"review","start":8106.23,"end":8106.79},{"text":"for","start":8106.79,"end":8107.11},{"text":"least","start":8107.11,"end":8107.51},{"text":"developed","start":8107.51,"end":8107.91},{"text":"countries,","start":8107.91,"end":8108.31},{"text":"which","start":8108.31,"end":8108.55},{"text":"will","start":8108.55,"end":8108.71},{"text":"be","start":8108.71,"end":8108.79},{"text":"held","start":8108.79,"end":8109.27},{"text":"in","start":8109.27,"end":8109.59},{"text":"March","start":8109.59,"end":8109.87},{"text":"2027.","start":8109.87,"end":8111.11}]},{"text":"We reiterate the importance of leveraging concessional and innovative financing and strengthening partnerships between the public and private sector, prioritizing investments that are aligned with national priorities to accelerate the achievement of the SDGs.","start":8111.35,"end":8125.59,"topics":[{"key":"private-capital-mobilization","label":"Private Capital Mobilization","description":"A recurring topic was how public finance can be used more strategically to crowd in much larger flows of private investment. Examples included blended finance, green bonds, catalytic finance, public-private partnerships, and risk-reduction instruments for sustainable infrastructure and development."}],"words":[{"text":"We","start":8111.35,"end":8111.55},{"text":"reiterate","start":8111.55,"end":8112.07},{"text":"the","start":8112.07,"end":8112.19},{"text":"importance","start":8112.19,"end":8112.71},{"text":"of","start":8112.71,"end":8112.87},{"text":"leveraging","start":8112.87,"end":8113.59},{"text":"concessional","start":8114.31,"end":8114.99},{"text":"and","start":8115.03,"end":8115.15},{"text":"innovative","start":8115.15,"end":8115.75},{"text":"financing","start":8115.75,"end":8116.63},{"text":"and","start":8116.63,"end":8116.79},{"text":"strengthening","start":8116.79,"end":8117.35},{"text":"partnerships","start":8117.35,"end":8117.99},{"text":"between","start":8118.19,"end":8118.59},{"text":"the","start":8118.59,"end":8118.71},{"text":"public","start":8118.71,"end":8119.03},{"text":"and","start":8119.03,"end":8119.15},{"text":"private","start":8119.15,"end":8119.51},{"text":"sector,","start":8119.51,"end":8119.95},{"text":"prioritizing","start":8119.95,"end":8120.79},{"text":"investments","start":8120.79,"end":8121.47},{"text":"that","start":8121.47,"end":8121.59},{"text":"are","start":8121.59,"end":8121.83},{"text":"aligned","start":8121.83,"end":8122.23},{"text":"with","start":8122.23,"end":8122.35},{"text":"national","start":8122.35,"end":8122.75},{"text":"priorities","start":8122.75,"end":8123.43},{"text":"to","start":8123.43,"end":8123.51},{"text":"accelerate","start":8123.51,"end":8123.87},{"text":"the","start":8124.07,"end":8124.11},{"text":"achievement","start":8124.11,"end":8124.67},{"text":"of","start":8124.67,"end":8124.79},{"text":"the","start":8124.79,"end":8124.91},{"text":"SDGs.","start":8124.91,"end":8125.59}]},{"text":"Madam Chair, we reiterate our concern vis-a-vis the negative socioeconomic consequences of conflicts, namely for states that are not parties to these conflicts, including damage to infrastructure as well as waterways, energy, and water infrastructure.","start":8126.91,"end":8145.27,"topics":[{"key":"shock-responsive-finance","label":"Shock-Responsive Finance and Fiscal Space","description":"Delegates and panelists emphasized expanding fiscal space so countries can respond to climate and non-climate shocks without sacrificing long-term development investment. 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reiterate the importance of abiding by para 13 of the outcome document of the high-level forum of ECOSOC on the importance of protecting vital infrastructure and its resilience as an important factor for ensuring sustainable development and socioeconomic stability.","start":8145.99,"end":8168.55,"topics":[],"words":[{"text":"We","start":8145.99,"end":8146.07},{"text":"reiterate","start":8146.07,"end":8146.63},{"text":"the","start":8146.63,"end":8146.75},{"text":"importance","start":8146.75,"end":8147.43},{"text":"of","start":8147.47,"end":8147.75},{"text":"abiding","start":8149.03,"end":8149.51},{"text":"by","start":8149.51,"end":8149.75},{"text":"para","start":8149.75,"end":8150.07},{"text":"13","start":8150.07,"end":8150.87},{"text":"of","start":8151.35,"end":8151.55},{"text":"the","start":8151.55,"end":8151.63},{"text":"outcome","start":8151.63,"end":8152.07},{"text":"document","start":8152.07,"end":8152.71},{"text":"of","start":8152.71,"end":8152.79},{"text":"the","start":8152.79,"end":8152.91},{"text":"high-level","start":8152.91,"end":8153.67},{"text":"forum","start":8154.87,"end":8155.35},{"text":"of","start":8155.35,"end":8155.59},{"text":"ECOSOC","start":8155.59,"end":8156.31},{"text":"on","start":8156.79,"end":8157.03},{"text":"the","start":8157.03,"end":8157.15},{"text":"importance","start":8157.15,"end":8157.75},{"text":"of","start":8157.75,"end":8158.23},{"text":"protecting","start":8159.87,"end":8161.03},{"text":"vital","start":8161.03,"end":8161.43},{"text":"infrastructure","start":8161.43,"end":8162.31},{"text":"and","start":8162.39,"end":8162.67},{"text":"its","start":8162.67,"end":8162.95},{"text":"resilience","start":8162.95,"end":8163.67},{"text":"as","start":8163.83,"end":8164.07},{"text":"an","start":8164.07,"end":8164.19},{"text":"important","start":8164.19,"end":8164.63},{"text":"factor","start":8164.63,"end":8165.03},{"text":"for","start":8165.03,"end":8165.23},{"text":"ensuring","start":8165.23,"end":8165.75},{"text":"sustainable","start":8165.75,"end":8166.31},{"text":"development","start":8166.31,"end":8166.95},{"text":"and","start":8166.95,"end":8167.11},{"text":"socioeconomic","start":8167.11,"end":8167.83},{"text":"stability.","start":8167.83,"end":8168.55}]},{"text":"We reiterate the importance of fully abiding by international law and the UN Charter, including the principles of sovereignty and sovereign equality among states.","start":8169.23,"end":8179.27,"topics":[],"words":[{"text":"We","start":8169.23,"end":8169.39},{"text":"reiterate","start":8169.39,"end":8170.07},{"text":"the","start":8170.07,"end":8170.15},{"text":"importance","start":8170.15,"end":8170.75},{"text":"of","start":8170.75,"end":8170.99},{"text":"fully","start":8170.99,"end":8171.31},{"text":"abiding","start":8171.31,"end":8171.79},{"text":"by","start":8171.79,"end":8172.03},{"text":"international","start":8172.03,"end":8172.87},{"text":"law","start":8172.87,"end":8173.15},{"text":"and","start":8173.15,"end":8173.35},{"text":"the","start":8173.35,"end":8173.43},{"text":"UN","start":8173.43,"end":8173.71},{"text":"Charter,","start":8173.71,"end":8174.35},{"text":"including","start":8174.35,"end":8175.07},{"text":"the","start":8175.07,"end":8175.23},{"text":"principles","start":8175.23,"end":8175.87},{"text":"of","start":8175.87,"end":8176.03},{"text":"sovereignty","start":8176.03,"end":8176.83},{"text":"and","start":8177.55,"end":8177.71},{"text":"sovereign","start":8177.71,"end":8178.03},{"text":"equality","start":8178.03,"end":8178.59},{"text":"among","start":8178.59,"end":8178.83},{"text":"states.","start":8178.83,"end":8179.27}]},{"text":"We reiterate that sustainable development requires a stable international environment that is based on respect for international law, stronger international partnership to prevent or so that no one is left behind.","start":8179.27,"end":8191.71,"topics":[],"words":[{"text":"We","start":8179.27,"end":8179.39},{"text":"reiterate","start":8179.39,"end":8179.87},{"text":"that","start":8179.87,"end":8180.03},{"text":"sustainable","start":8180.03,"end":8180.95},{"text":"development","start":8180.95,"end":8181.47},{"text":"requires","start":8181.47,"end":8182.23},{"text":"a","start":8182.23,"end":8182.27},{"text":"stable","start":8182.35,"end":8182.99},{"text":"international","start":8182.99,"end":8183.59},{"text":"environment","start":8183.59,"end":8184.19},{"text":"that","start":8184.19,"end":8184.35},{"text":"is","start":8184.35,"end":8184.51},{"text":"based","start":8184.51,"end":8184.83},{"text":"on","start":8184.83,"end":8184.91},{"text":"respect","start":8184.91,"end":8185.31},{"text":"for","start":8185.31,"end":8185.47},{"text":"international","start":8185.47,"end":8186.31},{"text":"law,","start":8186.31,"end":8186.51},{"text":"stronger","start":8186.83,"end":8187.39},{"text":"international","start":8187.39,"end":8188.03},{"text":"partnership","start":8188.03,"end":8188.91},{"text":"to","start":8188.99,"end":8189.15},{"text":"prevent","start":8189.15,"end":8189.71},{"text":"or","start":8189.95,"end":8190.19},{"text":"so","start":8190.19,"end":8190.43},{"text":"that","start":8190.43,"end":8190.59},{"text":"no","start":8190.59,"end":8190.75},{"text":"one","start":8190.75,"end":8190.91},{"text":"is","start":8190.91,"end":8191.07},{"text":"left","start":8191.07,"end":8191.23},{"text":"behind.","start":8191.27,"end":8191.71}]},{"text":"I thank you.","start":8191.71,"end":8192.19,"topics":[],"words":[{"text":"I","start":8191.71,"end":8191.87},{"text":"thank","start":8191.87,"end":8192.11},{"text":"you.","start":8192.11,"end":8192.19}]}]}],"speaker":{"affiliation":"QAT","group":null,"function":null,"affiliation_full":"Qatar"}},{"statement_number":66,"start":8192.43,"pageUrl":"/ar/ga/c2/81/18?lang=en&t=2:16:33","paragraphs":[{"sentences":[{"text":"And the distinguished representative of Qatar and give the floor to the distinguished representative of Bahrain.","start":8192.43,"end":8197.71,"topics":[],"words":[{"text":"And","start":8192.43,"end":8192.55},{"text":"the","start":8192.55,"end":8192.67},{"text":"distinguished","start":8192.67,"end":8193.23},{"text":"representative","start":8193.23,"end":8193.95},{"text":"of","start":8193.95,"end":8194.03},{"text":"Qatar","start":8194.03,"end":8194.55},{"text":"and","start":8194.55,"end":8194.71},{"text":"give","start":8194.71,"end":8194.91},{"text":"the","start":8194.91,"end":8194.99},{"text":"floor","start":8194.99,"end":8195.39},{"text":"to","start":8195.39,"end":8195.51},{"text":"the","start":8195.51,"end":8195.59},{"text":"distinguished","start":8195.63,"end":8196.23},{"text":"representative","start":8196.23,"end":8196.95},{"text":"of","start":8196.95,"end":8197.07},{"text":"Bahrain.","start":8197.07,"end":8197.71}]}]}],"speaker":{"affiliation":"2nd Committee","group":null,"function":"Chair","affiliation_full":"2nd Committee"}},{"statement_number":67,"start":8204.07,"pageUrl":"/ar/ga/c2/81/18?lang=en&t=2:16:45","paragraphs":[{"sentences":[{"text":"Thank you, Madam Co-Chair. The GCC countries, the KSA, the Sultanate of Oman, the State of Qatar, the State of Kuwait, and the Kingdom of Bahrain wishes to thank you for convening this meeting as part and parcel of our effort to strengthen our meeting of the SDG goals.","start":8204.07,"end":8223.35,"topics":[{"key":"sdg-financing-gap","label":"SDG Financing Gap","description":"A central theme was the multi-trillion-dollar shortfall in resources needed to achieve the 2030 Agenda. Speakers stressed turning the Sevilla Commitment into practical action and better aligning finance with sustainable development goals."}],"words":[{"text":"Thank","start":8204.07,"end":8204.23},{"text":"you,","start":8204.23,"end":8204.31},{"text":"Madam","start":8204.31,"end":8204.55},{"text":"Co-Chair.","start":8204.55,"end":8205.11},{"text":"The","start":8206.63,"end":8206.71},{"text":"GCC","start":8206.71,"end":8207.23},{"text":"countries,","start":8207.23,"end":8207.75},{"text":"the","start":8207.75,"end":8207.83},{"text":"KSA,","start":8207.83,"end":8208.55},{"text":"the","start":8208.55,"end":8208.71},{"text":"Sultanate","start":8208.71,"end":8209.23},{"text":"of","start":8209.23,"end":8209.35},{"text":"Oman,","start":8209.35,"end":8209.67},{"text":"the","start":8209.67,"end":8209.79},{"text":"State","start":8209.79,"end":8210.07},{"text":"of","start":8210.23,"end":8210.47},{"text":"Qatar,","start":8210.47,"end":8210.95},{"text":"the","start":8210.95,"end":8211.07},{"text":"State","start":8211.07,"end":8211.35},{"text":"of","start":8211.35,"end":8211.43},{"text":"Kuwait,","start":8211.43,"end":8211.99},{"text":"and","start":8211.99,"end":8212.19},{"text":"the","start":8212.19,"end":8212.27},{"text":"Kingdom","start":8212.27,"end":8212.67},{"text":"of","start":8212.67,"end":8212.79},{"text":"Bahrain","start":8212.79,"end":8213.35},{"text":"wishes","start":8213.35,"end":8213.75},{"text":"to","start":8213.75,"end":8213.91},{"text":"thank","start":8213.91,"end":8214.55},{"text":"you","start":8215.83,"end":8215.91},{"text":"for","start":8216.39,"end":8216.55},{"text":"convening","start":8216.55,"end":8217.27},{"text":"this","start":8217.27,"end":8217.51},{"text":"meeting","start":8217.51,"end":8218.07},{"text":"as","start":8218.07,"end":8218.23},{"text":"part","start":8218.23,"end":8218.43},{"text":"and","start":8218.43,"end":8218.55},{"text":"parcel","start":8218.55,"end":8218.99},{"text":"of","start":8218.99,"end":8219.11},{"text":"our","start":8219.11,"end":8219.27},{"text":"effort","start":8219.27,"end":8219.91},{"text":"to","start":8219.99,"end":8220.31},{"text":"strengthen","start":8220.39,"end":8221.19},{"text":"our","start":8221.35,"end":8221.59},{"text":"meeting","start":8221.59,"end":8221.99},{"text":"of","start":8221.99,"end":8222.19},{"text":"the","start":8222.19,"end":8222.27},{"text":"SDG","start":8222.27,"end":8222.87},{"text":"goals.","start":8222.87,"end":8223.35}]},{"text":"We wish to congratulate Mr. Ammar bin Jameer, President of the ECOSOC, on his election at the helm of the Council.","start":8224.03,"end":8233.87,"topics":[],"words":[{"text":"We","start":8224.03,"end":8224.11},{"text":"wish","start":8224.11,"end":8224.43},{"text":"to","start":8224.43,"end":8224.59},{"text":"congratulate","start":8224.59,"end":8225.47},{"text":"Mr.","start":8226.11,"end":8226.75},{"text":"Ammar","start":8227.07,"end":8227.79},{"text":"bin","start":8227.79,"end":8227.95},{"text":"Jameer,","start":8227.95,"end":8228.43},{"text":"President","start":8228.75,"end":8229.39},{"text":"of","start":8229.39,"end":8229.63},{"text":"the","start":8229.63,"end":8229.75},{"text":"ECOSOC,","start":8229.83,"end":8230.51},{"text":"on","start":8230.51,"end":8230.99},{"text":"his","start":8230.99,"end":8231.23},{"text":"election","start":8231.23,"end":8232.03},{"text":"at","start":8232.19,"end":8232.35},{"text":"the","start":8232.35,"end":8232.47},{"text":"helm","start":8232.51,"end":8232.91},{"text":"of","start":8232.91,"end":8233.19},{"text":"the","start":8233.19,"end":8233.31},{"text":"Council.","start":8233.31,"end":8233.87}]},{"text":"We reiterate our support for the Council and its bureau.","start":8233.87,"end":8237.87,"topics":[],"words":[{"text":"We","start":8233.87,"end":8233.95},{"text":"reiterate","start":8233.95,"end":8234.51},{"text":"our","start":8234.51,"end":8234.67},{"text":"support","start":8234.67,"end":8235.07},{"text":"for","start":8235.07,"end":8235.23},{"text":"the","start":8235.23,"end":8235.35},{"text":"Council","start":8235.35,"end":8235.95},{"text":"and","start":8236.19,"end":8236.75},{"text":"its","start":8237.23,"end":8237.39},{"text":"bureau.","start":8237.39,"end":8237.87}]},{"text":"The wide SDG gap, as well as the decline in ODA, undermine the achievement of SDGs, namely in these developed states.","start":8241.71,"end":8255.99,"topics":[{"key":"sdg-financing-gap","label":"SDG Financing Gap","description":"A central theme was the multi-trillion-dollar shortfall in resources needed to achieve the 2030 Agenda. 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meeting of the Second Committee and the Economic and Social Council, allow me to express my sincere appreciation to our distinguished panelists, Member States, and all participants for their valuable contribution to this timely and substantive 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discussions have reinforced a central message.","start":8788.43,"end":8792.43,"topics":[],"words":[{"text":"Today's","start":8788.43,"end":8788.91},{"text":"discussions","start":8788.91,"end":8789.95},{"text":"have","start":8790.03,"end":8790.27},{"text":"reinforced","start":8790.43,"end":8791.19},{"text":"a","start":8791.19,"end":8791.23},{"text":"central","start":8791.23,"end":8791.71},{"text":"message.","start":8791.71,"end":8792.43}]},{"text":"Closing the SDG financing gap requires not only greater financial resources, but also smarter financing, stronger partnerships, and more effective international cooperation.","start":8792.75,"end":8805.39,"topics":[{"key":"sdg-financing-gap","label":"SDG Financing Gap","description":"A central theme was the multi-trillion-dollar shortfall in resources needed to achieve the 2030 Agenda. 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thank you all once again for your engagement and contribution.","start":8942.91,"end":8946.51,"topics":[],"words":[{"text":"I","start":8942.91,"end":8943.07},{"text":"thank","start":8943.07,"end":8943.47},{"text":"you","start":8943.47,"end":8943.63},{"text":"all","start":8943.71,"end":8944.19},{"text":"once","start":8944.19,"end":8944.43},{"text":"again","start":8944.43,"end":8944.75},{"text":"for","start":8944.75,"end":8944.91},{"text":"your","start":8944.91,"end":8945.07},{"text":"engagement","start":8945.07,"end":8945.59},{"text":"and","start":8945.59,"end":8945.71},{"text":"contribution.","start":8945.71,"end":8946.51}]},{"text":"And I now have the pleasure to invite the President of ECOSOC, His Excellency Ambassador Amar Benjema, to deliver his closing 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Thank you, Chair.","start":8960.19,"end":8961.63,"topics":[],"words":[{"text":"Thank","start":8960.19,"end":8960.51},{"text":"you.","start":8960.51,"end":8960.67},{"text":"Thank","start":8960.75,"end":8961.07},{"text":"you,","start":8961.07,"end":8961.23},{"text":"Chair.","start":8961.23,"end":8961.63}]},{"text":"Excellencies and dear colleagues, as we bring this insightful dialogue to a close, Let me first thank Ambassador Suella Janina, Chair of the Second Committee, as well as all experts and delegations for this rich and substantive dialogue.","start":8964.19,"end":8993.75,"topics":[],"words":[{"text":"Excellencies","start":8964.19,"end":8965.23},{"text":"and","start":8965.23,"end":8965.43},{"text":"dear","start":8965.43,"end":8965.59},{"text":"colleagues,","start":8965.63,"end":8966.35},{"text":"as","start":8969.39,"end":8969.55},{"text":"we","start":8969.55,"end":8969.67},{"text":"bring","start":8969.67,"end":8970.03},{"text":"this","start":8970.03,"end":8970.43},{"text":"insightful","start":8970.43,"end":8971.31},{"text":"dialogue","start":8971.39,"end":8972.03},{"text":"to","start":8972.27,"end":8972.39},{"text":"a","start":8972.51,"end":8972.55},{"text":"close,","start":8972.55,"end":8973.03},{"text":"Let","start":8975.11,"end":8975.27},{"text":"me","start":8975.27,"end":8975.59},{"text":"first","start":8975.59,"end":8976.39},{"text":"thank","start":8976.47,"end":8977.03},{"text":"Ambassador","start":8977.51,"end":8978.23},{"text":"Suella","start":8978.71,"end":8979.19},{"text":"Janina,","start":8979.19,"end":8979.75},{"text":"Chair","start":8980.15,"end":8980.71},{"text":"of","start":8980.99,"end":8981.11},{"text":"the","start":8981.11,"end":8981.23},{"text":"Second","start":8981.23,"end":8981.63},{"text":"Committee,","start":8981.75,"end":8982.39},{"text":"as","start":8983.59,"end":8983.75},{"text":"well","start":8983.75,"end":8983.91},{"text":"as","start":8984.07,"end":8984.39},{"text":"all","start":8984.71,"end":8985.27},{"text":"experts","start":8985.75,"end":8986.51},{"text":"and","start":8986.83,"end":8986.99},{"text":"delegations","start":8986.99,"end":8987.91},{"text":"for","start":8988.63,"end":8989.27},{"text":"this","start":8989.99,"end":8990.47},{"text":"rich","start":8990.47,"end":8991.03},{"text":"and","start":8991.19,"end":8991.59},{"text":"substantive","start":8991.91,"end":8993.03},{"text":"dialogue.","start":8993.27,"end":8993.75}]},{"text":"Several key messages stand out.","start":8997.35,"end":9000.47,"topics":[],"words":[{"text":"Several","start":8997.35,"end":8998.07},{"text":"key","start":8998.23,"end":8998.47},{"text":"messages","start":8998.47,"end":8999.43},{"text":"stand","start":8999.67,"end":9000.15},{"text":"out.","start":9000.15,"end":9000.47}]},{"text":"First, We cannot accelerate SDG action without expanding fiscal space.","start":9001.11,"end":9014.51,"topics":[{"key":"sdg-financing-gap","label":"SDG Financing Gap","description":"A central theme was the multi-trillion-dollar shortfall in resources needed to achieve the 2030 Agenda. Speakers stressed turning the Sevilla Commitment into practical action and better aligning finance with sustainable development goals."}],"words":[{"text":"First,","start":9001.11,"end":9001.75},{"text":"We","start":9004.03,"end":9004.27},{"text":"cannot","start":9004.43,"end":9005.15},{"text":"accelerate","start":9006.03,"end":9007.15},{"text":"SDG","start":9007.71,"end":9008.27},{"text":"action","start":9008.27,"end":9008.91},{"text":"without","start":9009.47,"end":9010.11},{"text":"expanding","start":9010.63,"end":9011.55},{"text":"fiscal","start":9012.67,"end":9013.47},{"text":"space.","start":9013.79,"end":9014.51}]},{"text":"Developing countries are confronting a difficult combination of high debt burden, high cost of capital, and declining concessional finance we must add increasingly frequent global shocks.","start":9015.71,"end":9042.19,"topics":[{"key":"debt-sustainability","label":"Debt Sustainability","description":"Many statements focused on rising debt burdens, debt service pressures, and the need for faster, fairer debt restructuring and relief. Discussion also covered debt-for-development swaps, concessional finance, and debt pause clauses as tools to protect development spending."},{"key":"shock-responsive-finance","label":"Shock-Responsive Finance and Fiscal Space","description":"Delegates and panelists emphasized expanding fiscal space so countries can respond to climate and non-climate shocks without sacrificing long-term development investment. Pre-arranged finance, contingency instruments, insurance, and automatic debt service suspension were highlighted as key mechanisms."}],"words":[{"text":"Developing","start":9015.71,"end":9016.23},{"text":"countries","start":9016.23,"end":9016.99},{"text":"are","start":9017.15,"end":9017.47},{"text":"confronting","start":9017.47,"end":9018.43},{"text":"a","start":9019.31,"end":9019.35},{"text":"difficult","start":9019.35,"end":9019.91},{"text":"combination","start":9019.95,"end":9020.91},{"text":"of","start":9021.71,"end":9022.03},{"text":"high","start":9022.11,"end":9022.43},{"text":"debt","start":9022.43,"end":9022.83},{"text":"burden,","start":9023.23,"end":9023.87},{"text":"high","start":9025.07,"end":9025.39},{"text":"cost","start":9025.39,"end":9025.87},{"text":"of","start":9026.23,"end":9026.31},{"text":"capital,","start":9026.35,"end":9027.15},{"text":"and","start":9028.51,"end":9028.83},{"text":"declining","start":9028.99,"end":9029.71},{"text":"concessional","start":9031.95,"end":9032.75},{"text":"finance","start":9032.75,"end":9033.47},{"text":"we","start":9035.31,"end":9035.55},{"text":"must","start":9035.55,"end":9036.03},{"text":"add","start":9036.27,"end":9036.59},{"text":"increasingly","start":9037.55,"end":9038.75},{"text":"frequent","start":9039.15,"end":9039.95},{"text":"global","start":9040.19,"end":9040.83},{"text":"shocks.","start":9041.47,"end":9042.19}]},{"text":"We must therefore accelerate implementation of the Seville commitment to strengthen domestic resource mobilization, improve access to concessional finance, and advance more development-oriented, development-oriented depth architecture.","start":9043.87,"end":9071.71,"topics":[{"key":"sdg-financing-gap","label":"SDG Financing Gap","description":"A central theme was the multi-trillion-dollar shortfall in resources needed to achieve the 2030 Agenda. Speakers stressed turning the Sevilla Commitment into practical action and better aligning finance with sustainable development goals."},{"key":"debt-sustainability","label":"Debt Sustainability","description":"Many statements focused on rising debt burdens, debt service pressures, and the need for faster, fairer debt restructuring and relief. Discussion also covered debt-for-development swaps, concessional finance, and debt pause clauses as tools to protect development spending."},{"key":"financial-architecture-reform","label":"International Financial Architecture Reform","description":"Speakers called for reforms to the global financial system so it better reflects the needs of developing countries, especially vulnerable and middle-income states. This included changes to concessional eligibility, the use of multidimensional vulnerability measures, stronger representation in IFIs, and more development-oriented credit rating practices."}],"words":[{"text":"We","start":9043.87,"end":9044.03},{"text":"must","start":9044.03,"end":9044.31},{"text":"therefore","start":9044.31,"end":9044.99},{"text":"accelerate","start":9046.19,"end":9047.15},{"text":"implementation","start":9047.15,"end":9048.19},{"text":"of","start":9048.19,"end":9048.35},{"text":"the","start":9048.35,"end":9048.43},{"text":"Seville","start":9048.43,"end":9048.99},{"text":"commitment","start":9048.99,"end":9049.79},{"text":"to","start":9051.23,"end":9051.31},{"text":"strengthen","start":9051.39,"end":9052.27},{"text":"domestic","start":9053.63,"end":9054.27},{"text":"resource","start":9054.27,"end":9054.99},{"text":"mobilization,","start":9055.23,"end":9056.19},{"text":"improve","start":9057.07,"end":9057.63},{"text":"access","start":9057.63,"end":9058.35},{"text":"to","start":9058.51,"end":9058.83},{"text":"concessional","start":9058.83,"end":9059.79},{"text":"finance,","start":9060.11,"end":9060.99},{"text":"and","start":9062.19,"end":9062.43},{"text":"advance","start":9062.43,"end":9063.15},{"text":"more","start":9064.11,"end":9064.91},{"text":"development-oriented,","start":9065.31,"end":9066.51},{"text":"development-oriented","start":9066.99,"end":9068.59},{"text":"depth","start":9069.23,"end":9069.59},{"text":"architecture.","start":9071.03,"end":9071.71}]},{"text":"Second, finance must reach the transformation that matter most for people.","start":9073.63,"end":9084.51,"topics":[],"words":[{"text":"Second,","start":9073.63,"end":9073.95},{"text":"finance","start":9077.87,"end":9078.67},{"text":"must","start":9078.83,"end":9079.15},{"text":"reach","start":9079.15,"end":9079.79},{"text":"the","start":9079.95,"end":9080.11},{"text":"transformation","start":9080.11,"end":9081.07},{"text":"that","start":9081.07,"end":9081.39},{"text":"matter","start":9081.39,"end":9081.79},{"text":"most","start":9081.79,"end":9082.43},{"text":"for","start":9083.07,"end":9083.79},{"text":"people.","start":9084.03,"end":9084.51}]},{"text":"Transformation that foster resilience.","start":9087.23,"end":9091.07,"topics":[{"key":"shock-responsive-finance","label":"Shock-Responsive Finance and Fiscal Space","description":"Delegates and panelists emphasized expanding fiscal space so countries can respond to climate and non-climate shocks without sacrificing long-term development investment. Pre-arranged finance, contingency instruments, insurance, and automatic debt service suspension were highlighted as key mechanisms."}],"words":[{"text":"Transformation","start":9087.23,"end":9088.19},{"text":"that","start":9088.83,"end":9089.15},{"text":"foster","start":9089.15,"end":9089.95},{"text":"resilience.","start":9090.27,"end":9091.07}]},{"text":"Food system, nutrition, social protection require greater investment.","start":9092.59,"end":9102.11,"topics":[{"key":"food-systems-finance","label":"Food Systems and Nutrition Financing","description":"The meeting addressed how to finance food security, agriculture, and nutrition in a more coherent and outcome-oriented way. Speakers highlighted support for small farmers, resilient food systems, nutrition-focused budgeting, and the need to align domestic and external finance with healthier diets and stronger food sovereignty."}],"words":[{"text":"Food","start":9092.59,"end":9092.91},{"text":"system,","start":9093.07,"end":9093.71},{"text":"nutrition,","start":9095.31,"end":9095.95},{"text":"social","start":9096.99,"end":9097.63},{"text":"protection","start":9097.63,"end":9098.35},{"text":"require","start":9099.23,"end":9099.87},{"text":"greater","start":9100.19,"end":9100.83},{"text":"investment.","start":9101.51,"end":9102.11}]},{"text":"And digital transformation, artificial intelligence must be an enabler of inclusive and sustainable development.","start":9103.55,"end":9118.71,"topics":[{"key":"digital-transformation","label":"Digital Transformation","description":"Digital infrastructure, inclusive digital finance, and connectivity were presented as essential enablers of sustainable development across sectors. Speakers also stressed closing digital divides, improving digital safety, and ensuring that artificial intelligence supports inclusion rather than deepening inequality."}],"words":[{"text":"And","start":9103.55,"end":9104.11},{"text":"digital","start":9106.27,"end":9106.91},{"text":"transformation,","start":9106.91,"end":9107.87},{"text":"artificial","start":9110.15,"end":9110.91},{"text":"intelligence","start":9110.91,"end":9111.79},{"text":"must","start":9111.79,"end":9112.19},{"text":"be","start":9112.19,"end":9112.51},{"text":"an","start":9112.95,"end":9113.31},{"text":"enabler","start":9113.31,"end":9113.95},{"text":"of","start":9115.55,"end":9115.79},{"text":"inclusive","start":9115.79,"end":9116.59},{"text":"and","start":9117.07,"end":9117.31},{"text":"sustainable","start":9117.31,"end":9118.11},{"text":"development.","start":9118.11,"end":9118.71}]},{"text":"not another source of inequality.","start":9120.63,"end":9124.19,"topics":[{"key":"digital-transformation","label":"Digital Transformation","description":"Digital infrastructure, inclusive digital finance, and connectivity were presented as essential enablers of sustainable development across sectors. Speakers also stressed closing digital divides, improving digital safety, and ensuring that artificial intelligence supports inclusion rather than deepening inequality."}],"words":[{"text":"not","start":9120.63,"end":9120.83},{"text":"another","start":9120.83,"end":9121.39},{"text":"source","start":9121.47,"end":9122.27},{"text":"of","start":9122.91,"end":9123.15},{"text":"inequality.","start":9123.23,"end":9124.19}]},{"text":"Bridging the digital gap and supporting developing countries to benefit from artificial intelligence are key to accelerate sustainable development.","start":9126.03,"end":9140.39,"topics":[{"key":"digital-transformation","label":"Digital Transformation","description":"Digital infrastructure, inclusive digital finance, and connectivity were presented as essential enablers of sustainable development across sectors. 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rapidly, too rapidly maybe.","start":9141.87,"end":9148.75,"topics":[],"words":[{"text":"Artificial","start":9141.87,"end":9142.51},{"text":"intelligence","start":9142.83,"end":9143.71},{"text":"is","start":9144.27,"end":9144.67},{"text":"evolving","start":9144.67,"end":9145.47},{"text":"rapidly,","start":9145.87,"end":9146.59},{"text":"too","start":9147.39,"end":9147.71},{"text":"rapidly","start":9147.71,"end":9148.23},{"text":"maybe.","start":9148.27,"end":9148.75}]},{"text":"and it requires appropriate regulation.","start":9149.87,"end":9152.91,"topics":[],"words":[{"text":"and","start":9149.87,"end":9150.03},{"text":"it","start":9150.03,"end":9150.27},{"text":"requires","start":9150.27,"end":9151.07},{"text":"appropriate","start":9151.23,"end":9152.15},{"text":"regulation.","start":9152.15,"end":9152.91}]},{"text":"And here, at the United Nations, is the most inclusive forum for those deliberations, not outside, not elsewhere.","start":9153.91,"end":9169.23,"topics":[],"words":[{"text":"And","start":9153.91,"end":9154.11},{"text":"here,","start":9154.11,"end":9154.47},{"text":"at","start":9154.47,"end":9154.59},{"text":"the","start":9155.63,"end":9155.71},{"text":"United","start":9155.71,"end":9156.27},{"text":"Nations,","start":9156.27,"end":9156.75},{"text":"is","start":9159.55,"end":9159.87},{"text":"the","start":9159.87,"end":9160.03},{"text":"most","start":9160.03,"end":9160.75},{"text":"inclusive","start":9160.75,"end":9161.71},{"text":"forum","start":9161.71,"end":9162.27},{"text":"for","start":9163.15,"end":9163.47},{"text":"those","start":9163.47,"end":9164.11},{"text":"deliberations,","start":9164.35,"end":9165.31},{"text":"not","start":9166.03,"end":9166.35},{"text":"outside,","start":9166.75,"end":9167.39},{"text":"not","start":9168.03,"end":9168.35},{"text":"elsewhere.","start":9168.67,"end":9169.23}]},{"text":"Third, distinguished delegates, we must move from fragmented financing to a more coherent approach across the UN system.","start":9171.15,"end":9185.15,"topics":[],"words":[{"text":"Third,","start":9171.15,"end":9171.79},{"text":"distinguished","start":9172.83,"end":9173.51},{"text":"delegates,","start":9173.51,"end":9173.95},{"text":"we","start":9174.99,"end":9175.47},{"text":"must","start":9175.47,"end":9175.91},{"text":"move","start":9175.95,"end":9176.43},{"text":"from","start":9176.43,"end":9177.23},{"text":"fragmented","start":9177.47,"end":9178.43},{"text":"financing","start":9178.51,"end":9179.31},{"text":"to","start":9180.03,"end":9180.31},{"text":"a","start":9180.31,"end":9180.35},{"text":"more","start":9180.35,"end":9180.91},{"text":"coherent","start":9180.91,"end":9181.51},{"text":"approach","start":9181.51,"end":9182.11},{"text":"across","start":9182.23,"end":9182.83},{"text":"the","start":9183.39,"end":9183.51},{"text":"UN","start":9183.51,"end":9184.11},{"text":"system.","start":9184.59,"end":9185.15}]},{"text":"Public resources, including ODA 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